I believe the lowest tier is District Court.
Answer:
Debit: $300
Credit: $300
Explanation:
See attached picture for explanation.
This would be a true statement
the answer is: it helps prevent people from keeping their cash out circulation
After collecting the money from the saver, Banks will provide loans to other business who needs a capital injection and put an interest rates from the total loan. This is the main way Banks obtain their profit.
This means that <em>The more cash kept out of circulation , the more profit the Banks can potentially get.</em>
Because of this, they offers various incentives for the saver to kept their money in the banks rather than using it somewhere else through interest, deposit insurance, maximum withdrawal, etc)
