Two reasons savers keep deposits at banks are to:
A) secure mortgages and to purchase stocks.
B) earn a return on their savings and to facilitate making payments.
C) lower interest rates and to increase the money supply.
D) equalize loan supply and demand and to earn interest.
Correct Answer:
Verified
Q2: Each of the following is an example
Q3: Regular interest payments made to bondholders are
Q4: A legal promise to repay a debt
Q5: Firms that extend credit to borrowers using
Q6: The financial system consists of financial _,
Q8: Banks help savers find productive uses for
Q9: Financial intermediaries, such as commercial banks, help
Q10: Decentralized market-based financial systems improve the allocation
Q11: The amount originally lent by a bondholder
Q12: Privately-owned firms that accept deposits from individuals
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