Financial institutions such as banks pays lower interest rates to depositors and charge higher interest rates to borrowers. * True or False

Microeconomics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter14: Investment, The Capital Market, And The Wealth Of Nations
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Financial institutions such as banks pays lower interest rates to depositors and charge higher interest rates to borrowers. *

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