158k views
4 votes
Why don't banks have all the money that people have deposited at any one time? A Because banks steal the money from their customers. B Banks loan out the actual money to other people and businesses, charge interest, and slowly make more money. C Banks send their money to larger central banks and that's where the money is kept safely. D Banks are frequent targets of robberies and fraud.

User Irfy
by
8.4k points

2 Answers

4 votes
it would be b.

because banks loan out the actual money to other people and businesses to get more money.
User Alireza Mazochi
by
8.0k points
4 votes
B. They loan out and invest the money that has been deposited.
User Gashu
by
8.1k points

No related questions found