Banks generally earn the highest interest rate
A) on service charges on individuals' cheque accounts.
B) by making mortgage loans to individuals.
C) by making loans to business firms.
D) by buying government securities.
E) by making credit card loans.
Correct Answer:
Verified
Q24: Which of the following are included in
Q29: Which of the following are examples of
Q30: Banks earn a profit by
A) making loans
Q33: A building society is
A) a government bank.
B)
Q39: Which of the following is NOT held
Q43: As the central bank,the Reserve Bank of
Q45: M3 consists of
A)M1 plus bank cheques.
B)M1 plus
Q48: A credit union is
A)a cooperative that receives
Q49: The smallest category of banks' assets is
A)cheque
Q52: Which of the following are sources of
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