asked 106k views
2 votes
When banks are compared to retail stores, banks are said to "buy money. What does the term "buy refer to?

The bank collateralizes loans.
The bank promised assets.
The bank purchases bills from the Federal Reserve Bank
The bank borrows money, assets, and stocks,

2 Answers

4 votes
Your answer is The bank borrows money, assets, and stocks
answered
User Jashaszun
by
8.0k points
1 vote

Answer:

The bank borrows money, assets, and stocks,

answered
User Becca Petrin
by
9.3k points
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