2 Polnts
How can banks afford to pay interest on their customers' savings account
deposits?
A. They charge high fees to their checking account customers and
transfer that money to their savings account customers.
O
B. They loan out the money in their customers' accounts and charge
a higher interest rate on the loans.
C. They take overnight loans from the Federal Reserve Bank and
speculate on the currency exchange market.
O
D. They invest their customers' deposits in government-insured
bonds and low-risk stocks.

Answers

Answer 1

Answer:

B) They loan out the money in their customers' accounts and charge a higher interest rate on the loans.

Explanation:

The reason you recieve money for putting money in a checking or savings account is because the bank needs money to loan to other customers. Because the customer recieving the loan pays the bank interest in return, the bank can afford to share some of the money gained in interest with customers to encourage them to keep money in the bank.

Answer 2

Banks afford to pay interest on savings by loaning out those funds to borrowers at a higher interest rate, thereby making a profit. They rely on the fractional reserve banking system, which allows them to lend most of the deposits while maintaining a fraction in reserves.

Banks can afford to pay interest on their customers' savings account deposits primarily because they loan out the money to borrowers. Banks charge these borrowers a higher interest rate for the loan than the interest they pay on savings accounts. This allows banks to make a profit, which is the difference between the interest they earn from loans and the interest they pay to depositors.

In addition to earning money from loans, banks may also engage in other financial activities such as investing in government securities or the commercial paper market. The fractional reserve banking system allows banks to keep only a small fraction of the total deposits as reserves and lend out the majority of it. This system capitalizes on the fact that not all depositors will withdraw their funds at the same time.

Therefore, the correct answer to how banks can afford to pay interest on their customers' savings account deposits is option B: They loan out the money in their customers' accounts and charge a higher interest rate on the loans.


Related Questions

In the 1800’s where was the known Indian territory?

Answers

Answer:

Oklahoma

Explanation:

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SOLVE BOTH QUESTIONS! DUE 4:00 PM TODAY!!!
What were some of the issues that caused the formation of the populist movement?
Why did the populists believe that free silver would help farmers and debtors?

Answers

The issues that caused the formation of the populist movement was poor marketing, falling prices and crop failures. 2nd answer is that the populists believed that having more silver coins in circulation would give farmers more money to pay their debts.

2. What was the goal of the Bonus Army?
A) To receive bonuses for disabled veterans
B) To get early payment on a promised World War I bonus
C)To ask for bonuses for active military
D) To demand bonuses for veterans who lost their jobs​

Answers

Answer:

Bonus Army, gathering of probably 10,000 to 25,000 World War I veterans (estimates vary widely) who, with their wives and children, converged on Washington, D.C., in 1932, demanding immediate bonus payment for wartime services to alleviate the economic hardship of the Great Depression.

Explanation:

The goal of the Bonus Army was.

Answer: B) To get early payment on a promised World War I bonus.

What was the Bonus Army and why was it important?

A group of almost 20,000 World War I veterans who were hard-hit victims of the depression, wanted what the government owed them for their services and "saving" democracy. They marched to Washington and set up public camps and erected shacks on vacant lots.

What was the goal of the Bonus Army march on the Capitol?

In May 1932, jobless WWI veterans organized a group called the “Bonus Expeditionary Forces” (BEF) to march on Washington, DC. Suffering and desperate, the BEF's goal was to get the bonus payment now, when they really needed the money.

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Describe the beliefs and political views of the Democrats

Answers

Answer:

Democrats believe in equal opportunity despite race, religion, gender, or sexual orientation. They also believe in equal educational opportunity for all. They believe in protecting the environment from those who would exploit it for its resources due to the belief that the destruction of our ecosystem would mean the destruction of mankind. They believe in a larger tax gap between classes, as well as a significant decrease in government spending. They believe in a woman’s right to choose whether or not to have an abortion, as well as universal access to health care. Democratic Party beliefs are centered around the hope to renew a sense of community among Americans to improve opportunity for the general public.

Explanation:

When the Soviets blockaded Berlin, what was the response of the United States?
O A.
a police action
OB. the Marshall Plan
O
c.
an airlift
OD. signing of the NATO treaty
O E.
a proposed naval blockade
Reset
Next

Answers

Answer:

C. an airlift

Explanation:

The United States created a huge airlift of food, water, and medicine to aid West Berlin

What is one way documents like the Declaration of Independence and the Bill of Rights have inspired people around the world?

Answers

Answer:

it inspired the Magna Carta

Explanation:

The Declaration of Independence has inspired global movements toward democracy and human rights by providing a universal blueprint for asserting unalienable rights and self-governance, as well as influencing revolutions like the French Revolution of 1789.

One way the Declaration of Independence and the Bill of Rights have inspired people around the world is by providing a blueprint for asserting unalienable rights and establishing democracy. For example, the Declaration of Independence's emphasis on life, liberty, and the pursuit of happiness, concepts drawn from John Locke's philosophies, greatly influenced the French Revolution of 1789. The bold assertion of these values in the document has resonated with various movements globally, fostering same aspirations for political freedom, human rights, and self-governance.

The original document, penned by Thomas Jefferson in 1776, has since become an international symbol of freedom and justice. It articulates a vision for full rights, freedoms, and liberties for citizens within a democratic society. This has inspired many to visit the document in Washington, DC, demonstrating the weight it carries as an emblem of America's civil religion and a beacon for global movements toward independence from colonial or oppressive regimes.

In ancient Greece, the philosopher Aristotle

Answers

Answer:

In ancient Greece, the philosopher Aristotle, was an Ancient Greek philosopher and scientist who is still considered one of the greatest thinkers in politics, psychology and ethics. Aristotle founded his own school, the Lyceum, in Athens, where he spent most of the rest of his life studying, teaching and writing.

Which statement about Eleanor of Aquitaine is true?

A: She was the first Irish woman to be named a saint for her missionary work in converting the tribes of Ireland to Christianity.

B: She was called the "Grandmother of Europe" for arranging her offspring's marriages to royal families across the continent.

C: She was the leader of an important religious order in France that translated the Latin Bible into medieval French.

D: She worked behind the scenes to have her husband, Charlemagne, anointed ruler of the Holy Roman Empire by the pope.

Answers

Answer:

B: She was called the "Grandmother of Europe" for arranging her offspring's marriages to royal families across the continent

Explanation:

Answer:

it is B  

She was called the "Grandmother of Europe" for arranging her offspring's marriages to royal families across the continent.

Explanation:

I took the K12 test and got this answer right

Who was Ronald Reagan’s VP

Answers

Answer:

George H. W. Bush was Ronald Reagans vice president

Final answer:

George H. W. Bush was Ronald Reagan's Vice President from 1981 to 1989.

Explanation:

The Vice President for Ronald Reagan was George H. W. Bush. Reagan chose Bush as his running mate and they won the presidential election in 1980. Bush served as Vice President throughout Reagan's two terms in office from 1981 to 1989.

What body of water provided Russia with its warm water ports

Answers

Answer:

baltic sea

Explanation:

kalinigrad has a warm-water port on the baltic sea

President James K. Polk fulfilled a significant campaign promise during his presidency.
What was that promise?
A securing extended rights for women
B expanding the size of the United States
C reducing the number of slave states
D achieving peace with Mexico​

Answers

Answer: expanding United States

Explanation:

President James K. Polk fulfilled a significant campaign promise of achieving peace with Mexico​ . The appropriate response is option D.

Who was James K. Polk?

From 1845 to 1849, James Knox Polk was the 11th President of the United States. He was previously the 13th Speaker of the House of Representatives and Tennessee's ninth governor. He was a member of the Democratic Party and a supporter of Jacksonian democracy. He was Andrew Jackson's protégé.

After the United States won the Mexican-American War (1846-1848), both countries signed the Treaty of Guadalupe Hidalgo as a treaty of peace on February 2, 1848. President James K. Polk fulfilled a significant campaign promise of achieving peace with Mexico​.

Hence, appropriate response is option D.

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Which two statements describe the storyteller's
viewpoint on rowing other people to freedom?
Well, I did it. Oh, it was a long rowin time in the cold,
with me worryin. But pretty soon I see a light way up
high. Then I remembered the woman told me to watch
for a light. Told me to row to the light, which is what I
did. And when I got to it, there were two men. They
reached down and grabbed the girl. Then one of the men
took me by the arm. Said, "You about hungry?" And if he
hadn't been holdin me, I would of fell out of that rowboat.
Well, that was my first trip. I was scared for a long time
after that. But pretty soon I got over it, as other folks
asked me to take them across the river. Two and three at
a time, I'd take them. I got used to makin three or four
trips every month.
- "Carrying the Running-Aways,"
Virginia Hamilton
At first, he is annoyed by the light on the river.
He comes to respect the light on the river.
At first, he is terrified of rowing others to freedom.
He becomes used to making his trip across the
river.
He begins to dislike the people he takes across the
river.

Answers

Answer:

At first he was terrified of rowing others to freedom and He becomes used to making his trip across the river

At first, he was scared about helping others escape by rowing over the river, but with time, he grew accustomed to doing so.

What do you know about Virginia Hamilton?

Her family pushed Hamilton to read much and to write extensively. [6] Despite being given a full scholarship, she transferred to Ohio State University from Antioch College.

While residing in New York City, she met the poet Arnold Adoff, whom she later married in 1960. Afterwards, the couple moved back to the farm where Hamilton was grown along with their kids. Hamilton spent her time writing and had two children while Adoff supported the family by working as a teacher.

Zeely, the first of more than 40 books, was released in 1967. Zeely received the Nancy Bloch Prize and was recognized as a Notable Book by the American Library Association. The Planet of Junior Brown, which was published by Hamilton and recognized as a Newbery Honor Book and recipient of the Lewis Carroll Shelf Award,

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Why did the Korean War start?

Answers

Began when the North Korean Communist army crossed the 38th Parallel and invaded non-Communist South Korea.
Final answer:

The Korean War started over political differences between North and South Korea, each supported by different superpowers. North Korea, supported by Soviet Union, wanted to expand communism and unify the peninsula which led to the invasion of South Korea. This sparked US intervention to stop the spread of communism, resulting in a three-year war.

Explanation:

The Korean war started due to geopolitical tensions after World War II when the Korean peninsula was divided into North and South Korea. The North was supported by the Soviet Union and later by the People's Republic of China, and the South was supported by the United States. Two separate regimes were formed - a communist one in the North led by Kim Il-sung and a capitalist one in the South led by Syngman Rhee, both claiming to be the legitimate government of whole Korea.

Consequently, on June 25, 1950, under the direction of Kim Il-sung, North Korea invaded South Korea with the aim of reunifying the peninsula under communist rule. The United Nations, primarily the United States, intervened in favor of South Korea leading to a three-year conflict known as the Korean War. It is often called 'The Forgotten War' but the decisions taken during the Korean War period had significant impact on the US foreign policy, with the US deciding to use military force to prevent the spread of communism.

This war set precedents such as US involvement in a war without direct Congressional approval and led to the continued division of North and South Korea. Despite no definitive victor, this war caused numerous casualties and had lasting implications for both Korean countries and their relations with superpowers.

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describe four weaknesses of the constitution of confederation

Answers

Congress had no power to coin money

Congress was unable to impose taxes

No national court system was established to protect the rights of U.S citizens

Congress was unable to regulate interstate and foreign commerce

Which is the national tree of Russia and where does it grow best

Answers

Answer:

The national tree of Ecuador is the Cinchona pubescens or Quina tree. This tree grows in the Podocarpus National Park in Ecuador

Explanation:

Why were the events in Little Rock (’57) important to the success of the decision in Brown V. BofEd?

Answers

Answer: Their attendance at the school was a test of Brown v. Board of Education, a landmark 1954 Supreme Court ruling that declared segregation in public schools unconstitutional. ... Eisenhower sent in federal troops to escort the Little Rock Nine into the school. It drew national attention to the civil rights movement.

Explanation: google

Why did Texans despise Santa anna as a leader

Answers

Answer:

They did not like laws made by Santa Anna

Hope this helps,if not sorry

Answer:

the Texas Revolution October 2, 1835 – April 21, 1836 was a rebellion of colonists from the Santa Anna was taken hostage; in exchange for his life, he ordered the ... in the Texians a reliance on their long rifles and a contempt for their enemies" Leaders in Texas continued to debate whether the army was fighting for

Explanation:

Every human being is a:

business person
producer
consumer

Answers

consumer

we all have to eat other organisms to survive
consumer
hope this helps

What do you think were the two most significant changes in the United States in the Jefferson era ​

Answers

Answer:

Explanation:

One of most significant changes in the United States in the Jefferson era was getting rid of unpopular taxes, such as tax on whiskey.

Jefferson had diverse perspective towards the economy and believes the federal government of the United States of America should always play a limited role in the lives of the American citizens and also in the economy.

Secondly, Jefferson drastically reduced the size of the American army during his era, The Navy were also prevented from expanding while he was the American president.

Which tax would be expected to pay as a student?

Answers

Students are liable for income tax and National Insurance (NI) in the same way as other workers. However, the good news is that you are entitled to earn a certain amount before you start paying tax – this is called your Personal Allowance. ... You'll also pay income tax on income such as savings interest.

Answer:For example, the IRS considers a child under the age of 19 or an adult child under the age of 24 who is attending an education program for at least five months per calendar year, the months not required to be consecutive or full, to be considered a full-time student.

Name the two leaders of the Youth International Party

Answers

Answer:

It was founded by Abbie and Anita Hoffman, Jerry Rubin, Nancy Kurshan, and Paul Krassner, at a meeting in the Hoffmans' New York apartment on December 31, 1967. According to his own account, Krassner coined the name. "If the press had created 'hippie,' could not we five hatch the 'yippie'?" Abbie Hoffman wrote.

Explanation:

I hope this helps!

Do you consider the defenders of the Alamo as heroes or common outlaws (bandits)? Defend your response using examples from what you have learned about Texas. You may also defend ​both sides​ if you like.

Answers

Answer:

In my opinion defenders of Alamo were heroes, because they fought and died to create independent Texas and to take it away from the hands of Mexico.

Explanation:

The battle of Alamo is often seen as one of the most heroic acts in American history, during which just a couple hundred of people fought against 1 500 Mexicans, led by their president. Although, it was obvious that they cannot win this battle, the defenders of Alamo wanted to show their stand and to prove that their sacrifice will not be in vain if the others continue their path.

1) How did the Industrial Revolution change American society?

Answers

Answer:

The Industrial Revolution caused people to move to cities for work (urbanization). It also started the rise of unskilled labor

Explanation:

Was the Treaty of Versailles a direct cause of World War II?

Answers

The Treaty of Versailles led to World War II because its terms punished Germany too severely. The treaty stripped away Germany's land acquisitions, required Germany to pay billions in reparations, and forced them to accept responsibility for World War I

Answer:

In many ways, World War 2 was a direct result of the turmoil left behind by World War 1. Below are some of the main causes of World War 2. The Treaty of Versailles ended World War I between Germany and the Allied Powers. Because Germany had lost the war, the treaty was very harsh against Germany.

Match each concept related to Jewish resistance during the Holocaust with the correct description ?​

Answers

Answer:

Jewish resistance during the Holocaust was a movement of resistance by Jews against Nazi Germany during World War II.

Explanation:

Both Jews and non-Jews responded to Nazi oppression in various ways.

Organized armed resistance was the most powerful form of Jewish opposition to the Nazis. The largest armed uprising was that of the Warsaw ghetto during April and May 1943, which was started by rumors that the Nazis were going to deport the remaining ghettos to the Treblinka death camp in Poland. As German forces entered the ghetto, members of the Jewish Combat Organization (Zydowska Organizacja Bojowa; ZOB) threw hand grenades at German tanks. It took the Nazis twenty-seven days to destroy the ghetto and quell the last resistance.

Uprisings occurred in Vilnius and Bialystok and in several other ghettos. Many of the ghetto fighters knew that the armed resistance of a few could not save the Jewish masses from destruction, but they fought for Jewish honor and to avenge the slaughter of so many Jews.The Jews fought the Nazis for various reasons, including the will to avenge the murder of other Jews, or the desire that future generations would know that the Jews fought the Nazis with weapons in hand for the honor of the people From Israel.

Answer:

Auschwitz Protocols: Escapees wrote eyewitness accounts of atrocities in concentration camps

Treblinka: Prisoners attacked guards with stolen weapons and set fire to a camp

Sobibor: Prisoners killed eighteen SS guards and officers at a concentration camp.

Partisan Groups: People lived together in forests to avoid capture by the Nazis

Nonviolent Defiance: Hews continued to observe their holidays and traditions in secret.

Explanation:

write at least 3 terms you associate with the words “colonialism,” “colonization,” and “imperialism.”

Answers

Well I would say “white” “people” lolz

What does it mean to say the United States has a federal system of government?

Answers

Answer:

A federal system of government is one that divides the powers of government between the national (federal) government and state and local governments. The Constitution of the United States established the federal system, also known as federalism. ... Only the federal government can declare war.

Explanation:

A government system that divides the power among the branches of the government.

What generalizations can you make about the size of black populations in the North of 1860?

Answers

In 1860, the North had a free black population of around 226,000, compared to the larger number of free blacks in the South. Northern African Americans primarily resided in urban areas, forming their own business districts and communities.

When considering the black populations in the North of 1860, several generalizations can be made based on historical records. During the antebellum period, there was a substantial free black population, but more free blacks lived in the South than in the North. Despite the existence of slave states, roughly 261,000 free blacks lived in the South, with the majority residing in the upper southern states like Delaware, Maryland, Virginia, North Carolina, Kentucky, Missouri, Tennessee, and the District of Columbia. In comparison, around 226,000 free blacks lived in the northern states that did not have slavery. By the time of the Civil War, the North had a population of around 23 million people, including 476,000 free blacks. Most African Americans in the North were concentrated in towns and cities, in contrast to the largely agricultural black population of the South, and often formed their own business districts and communities within these urban spaces.

What were Carter's most important foreign policy goals?
C
Check all of the boxes that apply.
Human rights in foreign policy
Support all countries that opposed communism
Promote a fair approach
o Set a high moral standard
Promote American interests aggressively
BASE
ard

Answers

Answer:

A,C, and D

Explanation:

The foreign policy that the president Carter had was

Human rights in foreign policy.Promote a fair approach.Promote American interests aggressively.

What is meant by foreign policy?

This is a term that is used to refer to the relationship that a country establishes outside of its shores.

The foreign policy of the United States is mostly geared towards the promotion of its interests outside America.

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When did children become emancipated
in Renaissance Italy?
A. late thirties
B.birth
C.when they joined the army
D.when their father freed them

Answers

Answer:

when their father freed them

Final answer:

Children in Renaissance Italy became emancipated when their father decided they were responsible enough, which allowed for a flexible age of emancipation. This decision was based on individual circumstances rather than a set age or event.

Explanation:

In Renaissance Italy, children became emancipated when their father freed them. This was not a process that occurred automatically at a certain age, such as birth or when joining the army. Instead, it was a decision made by the father based on various circumstances. Emancipated children in Italy were usually granted this status once they were deemed responsible enough to handle their own affairs, which did not have a fixed age but often was associated with life events such as marriage or starting a business.

The process of manumission in Ancient Rome can be seen as a parallel, where enslaved people were often freed around the age of eighteen, not only for good behavior but also could purchase their freedom with their earnings, or women could be freed after bearing a certain number of children. This was formalized before a magistrate or in a slaveholder's will. The concept of children's roles changing with times is also reflected in the shift in economic status from an asset on farms to a liability in cities, leading to their dependence on their parents for longer.

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Natural selection kills 38 quadrillion organisms in bloodiest day yet. Cite an example from the text in which similar word choice is used to support your answer to part a To make his _______ print St. Jerome in his Cell, Albrecht Drer carved the images negative space into a wood block and applied ink to the positive space. Hey please help with this problem I cannot get passed is Thank you. A certain triangle has a 30 angle in a 60 angle. Which must be a true statement about the triangle Using the payoff matrix, and assuming no collusion between X and Y, what is the likely pricing outcome? A. Both firms will set the price at $35. B. Both firms will set the price at $40. C. Firm X will charge $35 and firm Y will charge $40. D. Firm X will charge $40 and firm Y will charge $35. Price collusion is mutually profitable because each firm achieves A. higher profits. B. increased sales. C. lower costs. D. higher productivity. Write an equation for the line in slope-intercept formThe slope of the line is 3. The y-intercept is (0,4) Which is the solution to the inequality? y minus 27 greater-than-or-equal-to negative 13 T.W. is a 22-year-old man who fell 50 feet from a chairlift while skiing and landed on hard-packed snow. He is now at the emergency department (ED) with a suspected T5-T6 fracture with paraplegia.Awareness of the prehospital management of a spinal cord injury (SCI) is critical to T.W.'s ultimate neurologic outcome. What actions will the nurse take to ensure this goal is met? A group of individuals of the same species that live in the same area and interact with one another is a ___ . The process that gives rise to new species is called _______. A ______ is anything that prevents successful interbreeding between species. The defines a ______ as a group of populations whose members have the potential to interbreed with one another and produce fertile offspring. Estimate a 5% tip on a bill of $79.54 by first rounding the bill amount to the nearest ten dollars. Suppose you want to make a cylindrical pen for your cat to play in (with open top) and you want the volume to be 100 cubic feet. Suppose the material for the side costs $3 per square foot, and the material for the bottom costs $7 per square foot. What are the dimensions of the pen that minimize the cost of building it A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 15% of current readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 67 of those surveyed expressed interest. What should the company do? Test appropriate hypotheses and state your conclusion. Gary has (10x + 7) dollars if gary decides to buy two pairs of jeans write an expression that represents how much money gary will have left over after the purchase then simplify your expression Five years ago, Nina was twice as old as Sam. In five years, she will be 1.5 times as old as Sam. How old are Nina and Sam now? Add commas where needed in the following sentences What are the effect of a greater number of cysteine amino acids on the stability of the proteins? One hundred of the voters in a town are willing to pay $100 each to support a public green space, which will cost $10,000 to build and maintain. One hundred and fifty voters in the same town do not value the public green space. What is the social marginal benefit of the public green space Centerville is the headquarters of Greedy Cablevision Inc. The cable company is about to expand service to two nearby towns, Springfield and Shelbyville. There needs to be cable connecting Centerville to both towns. The idea is to save on the cost of cable by arranging the cable in a Y-shaped configuation.Centerville is located at (8,0) in the xy-plane, Springfield is at (0,7), and Shelbyville is at (0,- 7). The cable runs from Centerville to some point (x,0) on the x-axis where it splits into two branches going to Springfield and Shelbyville. Find the location (x,0) that will minimize the amount of cable between the 3 towns and compute the amount of cable needed. (y+6)^2-(y-2)^2 I got 16y+26 but it is wrong? The sum of one and the product of four and a number x.