havila6
havila6 havila6
  • 10-10-2020
  • Social Studies
contestada

PLS HELP! How do banks function?

Respuesta :

rubicastro1900939393
rubicastro1900939393 rubicastro1900939393
  • 10-10-2020

Answer:

Banks borrow from individuals, businesses, financial institutions, and governments with surplus funds (savings). They then use those deposits and borrowed funds (liabilities of the bank) to make loans or to purchase securities (assets of the bank).

Explanation:

they basically play with the money we put in there

hope this helps ;p

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