Business, 21.04.2020 03:19 klogsdon4380

How do banks create money?
Fill in the blanks to complete the passage about the business of banking.
The main function of banks is to accept deposits and then to lend the same money (minus ) back out. Banks make a profit by charging a higher interest rate on than the interest rate they pay on . Through the loan process, banks are actually able to money.

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How do banks create money?
Fill in the blanks to complete the passage about the business of b...

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