Business, 14.07.2019 18:30 Kianna000

Where do banks get money to lend to borrowers? the bank’s management shareholders the government depositors

Answers: 1

Show answers

Answers

The answer is D depositors,

A depositor (you) places money in a banks vault, then the bank putts interest on it, and can use it if it needs to. As long as a certain amount of it stays in the bank in case you want to come and withdraw.

Answer from: jjtfeb11

The option D is correct.

Banks get money to lend to borrowers from the depositors.

Further Explanation:

The main purpose of the bank to provide the loan to the customer and savings facility to the customer. The bank is the intermediary among the customer who has excess cash and the person who needs the cash. The banks provide the money to the lender from the cash deposited by the customer. The customer who deposited the cash in the bank is known as a depositor.

Justification for the correct and incorrect

The bank’s management: This option is incorrect.

As the bank’s management does the function of managing the bank. It does not provide the money to the bank. So, this option is incorrect.

Shareholders: This option is incorrect.

Shareholders are the person who invested the money in the name of the bank company for a particular purpose. The money invested by shareholders can not be used to provide the loan to the lender. So, this option is incorrect.

Government: This option is incorrect.

The government does not provide any type of financial help to provide the loan to the lender. So, this option is incorrect.

Depositors: This option is correct.

The banks provide the loan to the lender by using the savings of the depositor. So, this option is correct.

Learn more:

1.Learn more about federal reserve bank

2.Learn more about recording bank account

3.Learn more about national retails bank

Answer details:

Grade: Middle School

Subject: Banking

Chapter: Borrowing

Keywords:

bank, lend, borrowers, customer, depositor, bank’s management, government, shareholders, savings, invested, money, managing, borrowing.

Answer from: Quest

the answer is account d

Which account has the lowest minimum balance requirement? bank account terms and conditions account

Answer from: Quest

1kilogram = 2.205 pounds1,101.10 • 2.205 = 2,427.9255

Another question on Business

Business, 22.06.2019 03:20

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

Answers: 3

Answer

Business, 22.06.2019 17:30

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.

Answers: 2

Answer

Business, 22.06.2019 20:20

Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste

Answers: 2

Answer

Business, 22.06.2019 20:30

What talents or skills do u admire most in others

Answers: 2

Answer

You know the right answer?

Where do banks get money to lend to borrowers? the bank’s management shareholders the government...

Questions