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Money Creation by Banks · Question 2 of 58

Question 2

EasyOriginal question

A commercial bank earns its profit mainly from

Options for question 2

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Lending rates are higher than deposit rates; the gap pays for costs and leaves profit.

Concept
Bank profit
Typical time
40 s
Your time
—
The rule this testsWhat commercial banks do
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