AnswersFall 24 Personal Finance and Economics ICBankingQuestion 1
1
AssignmentMultiple Choice

Banking

Question 1 • Fall 24 Personal Finance and Economics IC

When do banks make money from deposits?

Answer
A
when people withdraw money from their account
B
when banks pay interest to account holders
C
when people add money to their account
D
when banks loan the money to another consumer
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