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CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
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Question 9
9
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Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
What explains the difference between retail and commercial banking?
Answer
A
Retail banks loan money to small businesses, while commercial banks loan money to large corporations.
B
Commercial banks loan money to small businesses, while retail banks loan money to large corporations.
C
Retail banks help big businesses make capital purchases, while commercial banks help consumers invest.
D
Commercial banks help small businesses make capital purchases, while retail banks help big businesses invest.
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