The main source of profit for financial institutions is:
a. their ownership of stocks in commercial corporations
b. their ownership of real assets received in foreclosures on loans to households.
c. the fees charged for holding and servicing checking accounts.
d. the difference between interest paid on deposits and interest received on loans.
e. the difference between the cost of creating new money and the interest paid on loans.
d
Economics
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Refer to Table 4.1, which shows Flo's and Rita's individual supply schedules for frozen latte-on-a-stick. Assuming Flo and Rita are the only suppliers in the market, if the market quantity supplied is 18, the price must be
A) $2. B) $3. C) $4. D) $5.
Economics
Technological improvements in coal mining will
A) increase the price of coal. B) decrease the price of coal. C) increase the interest rate. D) decrease the interest rate.
Economics