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PLS HELP! How do banks function?

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User Pola
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1 Answer

3 votes

Answer:

Banks borrow from individuals, businesses, financial institutions, and governments with surplus funds (savings). They then use those deposits and borrowed funds (liabilities of the bank) to make loans or to purchase securities (assets of the bank).

Step-by-step explanation:

they basically play with the money we put in there

hope this helps ;p

answered
User Marija
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