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Answer to Question #218126 in Macroeconomics for Gau rav
Question #218126
Which of the following is true about banks and interest?
- Banks earn interest on their use of funds
- Banks pay interest on loans
- A healthy bank has a negative net interest margin when rates are expected to fall
- Banks earn interest on checkable deposit
- Banks earn interest on their use of funds
- Banks pay interest on loans
- A healthy bank has a negative net interest margin when rates are expected to fall
- Banks earn interest on checkable deposit
Expert's answer
Banks earn interest on their use of funds.
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