Multiple Choice
Which of the following is a role of a bank?
A) Attract funds from the capital markets to facilitate borrowing by the household sector.
B) Accept deposits and make loans and in doing so facilitate the flow of funds from borrowers to lenders.
C) Accept deposits and make loans and in doing so facilitate the flow of funds from savers to borrowers.
D) Manage the level of interest rates.
Correct Answer:
Verified
Correct Answer:
Verified
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