In general, Banks earn profits by ... Group of answer choices a. Charging depositors an interest rate greater than the pay out to borrowers b .Charging the Federal Reserve an interest for using the banks money c. Charging borrowers an interest rate greater than they pay out to depositors d .Earning payments from the Federal Reserve each time they borrow money from the Federal Reserve

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter25: Money, Banking, And The Federal Reserve System
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In general, Banks earn profits by ...
Group of answer choices
a. Charging depositors an interest rate greater than the pay out to borrowers
b .Charging the Federal Reserve an interest for using the banks money
c. Charging borrowers an interest rate greater than they pay out to depositors
d .Earning payments from the Federal Reserve each time they borrow money from the Federal Reserve
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