Answers FL-2106020-MJ Civics Advanced B Financial Institutions and BankingQuestion 2

2

AssignmentMultiple Select

Financial Institutions and Banking

Question 2 • FL-2106020-M/J Civics Advanced B

What are the most basic functions of a bank? Choose two correct answers.

Answer

A

to encourage economic growth and low unemployment

B

to hold deposits in checking and savings accounts

C

to make loans to individuals and businesses

D

to maintain stable prices in the economy

E

to monitor the money supply

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