1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ymorist [56]
3 years ago
6

When does a bank earn interest?

Social Studies
2 answers:
snow_tiger [21]3 years ago
7 0
The answer should be C
iris [78.8K]3 years ago
6 0
<h2>Answer:</h2>

C. when a consumer makes a payment on a loan

<h2>Explanation:</h2>

Usually all banks lend money to their customers at a very higher rate than they pay to depositors or than they borrow it. The difference in this process is  known as the margin or turn which is kept by the bank. For example, if a bank pays 1% interest on deposits, then they may charge 6% interest on loans. That is why option C is the correct answer.

You might be interested in
QUESTION 21
UNO [17]

Aggregate demand curve rightward. All else equal, when the Federal Reserve Banks engage in a restrictive monetary policy, the prices of government bonds usually: fall.

Hope this helps!

8 0
3 years ago
Help me help help help help help help help help help help help help help help help
Masteriza [31]

Answer:

Wha language is this? I’m lost....

Explanation:

7 0
3 years ago
5. In Jamaica when voting for a candidate on the ballot paper what mark is the voter to mark the paper with.
Galina-37 [17]

Answer: you mark it with an X

Explanation:

7 0
3 years ago
What caused the financial crisis after the revolutionary war?
Mariulka [41]
After the revolution the colonies owed a lot of money to the countries that helped them during teh war but were jsut developing so there wasnt enough money in the treasury to pay all the soldiers and countries back

5 0
3 years ago
If Greenville’s GDP doubled over 5 years, what was the approximate annual growth rate (using the rule of 70)?
Pachacha [2.7K]
The rule of 70 is used to determine how many years it will take for an economy to double in size. The equation is 70/percent growth = years to double. In this question, you are given the number of years and are asked to determine the percentage growth.

Therefore the answer would be d) 14%
7 0
2 years ago
Other questions:
  • ​martin has a very stunning memory of virtually everything that has happened to him since he was 4 years of age. he remembers th
    13·2 answers
  • In politics of the Renaissance what was The Courier and what did a courier do​
    15·1 answer
  • Many of the things described in this video are leadership traits that strategic managers might aspire to, but they might also le
    15·1 answer
  • In a case where a man sues a corporation for unsafe business practices, he will have to meet what burden of proof
    9·2 answers
  • What are the problems or dangers of placing elastic power in the hands of a representative body?
    10·1 answer
  • For a strong correlation, people often assume that change in one quantity causes change in the second quantity. This is not alwa
    5·1 answer
  • A company based in the suburbs of Houston manufactures car tires. The company needs to discharge waste products on a daily basis
    7·1 answer
  • Second lagerest ocean
    5·2 answers
  • Which figure was responsible for the initial use of hypnosis as a medical treatment? A. Milton Erickson B. Franz Mesmer C. James
    10·1 answer
  • Knowledge of fire hydrant operation is necessary in order to perform what duties? *
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!