what is the reason smart people put their money in a bank?
amount money grows over time
How can a bank afford to pay 3% interest to depositors?
Banks are middle men between depositors and borrowers.
A depositor is like a bank for banks; they are actually borrowing money from depositors.
Why are banks MORE than just a middle man between depositors and borrowers?
Who is affected when borrowers do not pay back their loans?
Which is NOT a consequence of banks going out of business?
Who is to blame for the 2008 financial crisis?
Which is an incorrect opportunity cost pair?
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