Which of the following is an example of the role of banks?
A) financial intermediaries
B) create money
C) manage stock portfolios
D) manage the money supply
E) help control the amount of currency in circulation

Question

Quizplus · Accepted Answer

Banks serve as financial intermediaries, providing loans and other financial services to individuals and businesses. They facilitate the flow of funds between savers and borrowers, playing an important role in the economy. The other options listed are functions of central banks, rather than commercial banks.

Which of the Following Is an Example of the Role