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Banks perform all EXCEPT which of the following services? a. establish government programs b. issue mortgages for real estate c. store money safely d. loan money to people
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Banks perform all EXCEPT which of the following services?

a. establish government programs
b. issue mortgages for real estate
c. store money safely
d. loan money to people

User Anders Gram Mygind
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1 Answer

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banks can loan money (but you need to give back more than what they loaned), store money and issue mortgages, but what they don't do is a. establish government programs - this power is left for the government.
User Alex Andrews
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