asked 84.0k views
14 votes
What did the first banks do?

a.
exchange money
c.
invest in partnerships
b.
lend money out
d.
both a and b

2 Answers

6 votes

Answer:

D. Both (( A )) and (( B ))

Step-by-step explanation:

The bank acted as afederal government's fiscal agent, collecting tax revenues, securing the government funds, making loans to the government, and transferring government deposits through the bank's Branch Network in pain government bills.

answered
User DonovanM
by
7.8k points
3 votes

Answer:

d

Step-by-step explanation:

it's just history so yeah

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