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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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Mar 20, 2021
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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,
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Andre Chenier
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Your answer is The bank borrows money, assets, and stocks
Jashaszun
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Mar 20, 2021
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Answer:
The bank borrows money, assets, and stocks,
Becca Petrin
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Mar 26, 2021
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