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  • Banks charge a higher interest rate on loans than what th...
Multiple choice

Banks charge a higher interest rate on loans than what they offer on __________.

  1. debits

  2. credits

  3. currency

  4. deposits

  5. none of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Banks usually charge higher interest on the money it lends than the interest it pays on deposits.  

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