financial institutions attract funds from savers by offering ____________ on savings.Question 36Select one:a.profitsb.interestc.revenuesd.benefits
Question
financial institutions attract funds from savers by offering ____________ on savings.Question 36Select one:a.profitsb.interestc.revenuesd.benefits
Solution
b. interest
Similar Questions
Multiple Choice QuestionHow do financial institutions generate profits?Multiple choice question.By loaning funds at lower interest rates than they pay on deposited fundsBy loaning funds at higher interest rates than they pay on deposited fundsBy charging the same interest rates to borrowers that they pay to saversBy borrowing funds from businesses to purchase capital
Financial institutions use depositors' savings to earn ____________ by lending the savings to borrowers.
Multiple Choice QuestionWhich of the following best explains how banks attract loanable funds?Multiple choice question.By deferring household consumptionBy paying interest to saversBy supplying capital to businessesBy charging interest on loaned funds
1. Financial markets promote economic efficiency byA) channeling funds from investors to savers.B) creating inflation.C) channeling funds from savers to investors.D) reducing investment.
The benefit of saving is the:Group of answer choicesreal interest ratenominal interest rateinflation ratesaving rate
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.