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.

Question

Aubree Day

6 August, 03:04

+2

Answers (2)

Know the Answer?

Morse · Answer 1

It would be b.

because banks loan out the actual money to other people and businesses to get more money.

Yahir Salas · Answer 2

B. They loan out and invest the money that has been deposited.