The major role of a commercial bank is to
A) restrain the growth of the quantity of money.
B) sell shares and use the proceeds to buy stocks.
C) make mortgage loans.
D) receive deposits and make loans.
Correct Answer:
Verified
Q101: Examples of thrift institutions include
A) savings and
Q129: A bank's reserves include
A) the cash in
Q130: Commercial banks do not
A) make loans to
Q132: A depository institution is best defined as
A)
Q133: A money market mutual fund is
A) a
Q135: Money market mutual funds
A) are provided by
Q136: Depository institutions
A) earn money by charging the
Q137: A depository institution is a firm that
Q138: A firm that takes deposits from households
Q139: Reserves are .
A) cash in a bank's
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