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When banks are compared to retail stores, banks are said to "buy money. What does the term "buy refer to? The bank collateralizes loans. The bank promised assets. The bank purchases bills from the Federal
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When banks are compared to retail stores, banks are said to "buy money. What does the term "buy refer to?

The bank collateralizes loans.
The bank promised assets.
The bank purchases bills from the Federal Reserve Bank
The bank borrows money, assets, and stocks,

User Andre Chenier
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Your answer is The bank borrows money, assets, and stocks
User Jashaszun
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1 vote

Answer:

The bank borrows money, assets, and stocks,

User Becca Petrin
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