Which of the following is the "cheapest" source of funds for a commercial bank?
A)federal fund borrowing
B)checking deposits
C)issuing bonds
D)reserves

Name: Which of the following is the "cheapest" source of funds for a commercial bank? A)federal fund borrowing B)checking deposits C)issuing bonds D)reserves
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Checking deposits are the cheapest source of funds for commercial banks as they do not have to pay interest on these deposits and can use them to make loans and investments.

Which of the Following Is the "Cheapest" Source of Funds