State Banks, Like English Goldsmiths, Could _____

State banks, like English goldsmiths, could _____

A) raise money by issuing stock and lend the money to borrowers.
B) accumulate funds from borrowers and lend them to savers.
C) borrow funds from the government and lend them to borrowers.
D) borrow funds from the government and lend them to savers.
E) issue banknotes.