Questlon 5 of 20
A retail bank helps drive economic growth by:
O A. keeping all deposited funds in reserve at all times.
OB. providing loans and financial services to corporations.
OC. requiring all loans to be paid back within a few weeks.
OD. offering affordable mortgage loans to home buyers.
Answers
The retail bank helps to drive economic growth by keeping all deposited funds in reserve at all times.
Retail banking offered basic services like checking and savings accounts to the public.
Retail banking majorly brings in deposits to make loans to their retail and business customers while commercial banks makes loans to enable businesses to grow and hire people.
So, the retail bank helps to drive economic growth by keeping all deposited funds in reserve at all times.
Therefore, the Option A is correct.
Read more about Retail banking
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Answer: D
Explanation:
Offering affordable mortgage loans to homes buyers
Related Questions
After the homecoming football game, it was discovered that the winning team deflated the ball during their time on offense, so they could more easily win the game. Mark was assigned to write an article on this alleged scandal. Mark’s brother, however, was the quarterback for the team in question. Since he didn’t want his brother to get in trouble, he stated in the article “These allegations are completely unfair, and the team in question would never cheat as they are all honest people.” As it turns out, the team did cheat and did deflate the ball as they were accused of. Which of the following ethics did Mark break writing this article?
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Answers
Answer:
I think fairness
Explanation:
He was biased on what he wrote because the quarterback was his brother and he didn’t want to get in trouble
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Answer:
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