Banking Answers

Which are the roles of a bank? Check all that apply.

The main role of banks in the nation’s economy is to

The Federal Reserve Bank of the United States is also known as the

Which best explains why banks consider interest on loans to be important?

The Federal Reserve transfers profits from its twelve regional banks to

Which is the correct order of entities that benefit when banks make a profit?

Read the graph about mortgage interest rates and housing starts between 1978 and 1983.A conclusion that can be drawn from both graphs by looking at 1983 is that interest rates

Read the graph that displays interest and total payments on a loan.Banks make the most money and take the most risk with an interest rate of

A responsibility the Federal Reserve has is to

Bank deposits help the nation’s economy by