Modern U.S. commercial banks perform all of the following functions EXCEPT
A) accept checking deposits.
B) issue paper currency.
C) make loans to households and business firms.
D) accept savings deposits.
Correct Answer:
Verified
Q108: Depository institutions
A) make profit from the spread
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A) residential
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A) a combination of
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A) buy U.S. government
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Q115: A savings bank is a depository institution
Q116: A depository institution is a firm that
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A) essentially
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