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becky28 becky28
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A year ago
Which of the following is NOT an example of a bank's function as a financial intermediary?

▸ A bank seeks out local businesses that need money but could be profitable

▸ A bank gives out loans to many different types of businesses which are unlikely to fail all at once

▸ A bank keeps vaults for storing valuables

▸ A bank takes on deposits from the public and makes long-term investments
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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satish1015satish1015
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A year ago
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becky28 Author
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A year ago
Thank you, thank you, thank you!
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Yesterday
Correct Slight Smile TY
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2 hours ago
You make an excellent tutor!
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