Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Banks make a profit by __________. making loans at a higher interest rate than it costs them to obtain the money charging fees for their services investing in government securities paying a higher interest rate than they pay their depositors all of the above

Sagot :

Banks make a profits by doing all of the above. Banks have large portfolios that allow them to profit from a variety of investment and loan strategies--public and private.
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.