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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.to encourage economic growth and low unemploymentto hold deposits in checking and savings accountsto make loans to individuals and businessesto maintain stable prices in the economyto monitor the money supply

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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