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15 May, 08:45

Bank get most of the money to loan out to people from

A taxes charged by banks

B the government

C other banks

D people that deposit money in the bank for safekeeping

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  1. 15 May, 09:31
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    Correct answer: " D people that deposit money in the bank for safekeeping"

    The bank uses people's savings to loan money. They usually keep a fraction of what they have in store in case the person that has the money in the bank ask it back. For example, if $5000 are deposited in the bank, for savings, the bank could lend out $4500 of it.

    The taxes charged by banks are used for the bank keeping.
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