[Answer] Which are the roles of a bank? Check all that apply.

Answer: a. Storing and holding moneyc. Lending moneyd. Investing in the economy

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Which are the roles of a bank? Check all that apply. The main role of banks in the nation's economy is to store lend and invest money An entrepreneur who needs money to create and distribute a new invention would most likely visit Banks are an important part of the economy of a nation because they store money providing a secure place for people to save and invest their money they also lend money or give credit at a tax rate which is the main role because it is how banks make profits. Banks can lend money to … Sun Sep 16 2018 · A bank is an authorized financial establishment that accepts deposit provide loans and pay interest to its customers. Banks mainly take care of financial affairs and they are highly important to the economy. The main role of banks is to put their customer’s money to use by lending it out to others while the banks also generate money from it. Bank deposits help the nation's economy by. b. giving banks the money to loan and invest. The main role of banks in the nation's economy is to. a. store lend and invest money . This diagram shows how banking in the financial sector fits into the circular flow model. Mon Mar 09 2020 · Which are the roles of a bank? Check all that apply . ... Banks use these deposits to create credit that borrowers ...

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