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Card 1 of 25

What are the three main functions of a commercial bank?

A

Sets interest rates, sells bonds to households, and collects taxes.

B

Prints currency, lends only to firms, and manages government spending.

C

Accepts deposits, lends to households and firms, and provides payment services.

D

Creates shares, lends to governments, and provides insurance services.

Card 1 of 25

2.4.2 Commercial banks and investment banks Flashcards

  1. A Level
  2. /Economics
  3. /2.4.2 Commercial banks and investment banks

25 flashcards on AQA A Level Economics 2.4.2 Commercial banks and investment banks: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards