221k views
4 votes
A bank makes a profit by​ ______.

a. Lobbying the federal reserve to keep the interest rate high
b. Setting the interest rate as close to zero as possible
c. Increasing its reserves
d. Lending at a higher interest rate than the interest rate it pays on its deposits
e. Buying cash assets

1 Answer

1 vote
Buying cash assets gains money
User Micael Levi
by
7.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories