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Which of the following correctly explains where banks get the money to lend consumers? From people who open accounts From profits made on interest charges From the Federal Reser…

Which of the following correctly explains where banks get the money to lend consumers? From people who open accounts From profits made on interest charges From the Federal Reser…
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6 votes
Which of the following correctly explains where banks get the money to lend consumers?

From people who open accounts
From profits made on interest charges
From the Federal Reserve
From other banks in the same district

asked
User Nick Burke
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8.7k points

2 Answers

8 votes
People who open accounts
answered
User Marcogomesr
by
7.9k points
3 votes
from the federal reserve i think
answered
User TJBlackman
by
7.9k points
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