Financial institutions use depositors' savings to earn ____________ by lending the savings to borrowers.

financial institutions attract funds from savers by offering ____________ on savings.Question 36Select one:a.profitsb.interestc.revenuesd.benefits

Banks’ major use of funds is:

A financial institution that accepts deposits, makes loans, and provides other financial services is a(n):A.contractual institution.B.investment institution.C.fractional reserve institution.D.depository institution.

(I) Banks are financial intermediaries that accept deposits and make loans. (II) The term "banks" includes firms such as commercial banks, savings and loan associations, mutual savings banks, credit unions, insurance companies, and pension funds.Question 7Answera.Both are false.b.Both are true.c.(I) is true, (II) false.d.(I) is false, (II) true.

Financial institutions move money from Question 29Select one:a.sellers to buyersb.buyers to sellersc.savers to borrowersd.borrowers to savers