Question

Which of the following is NOT an example of how a bank can make money?

Question 14 options:

Charging fees for bank services.


Issuing certificates of deposit


Participating in a bank run


Loaning money.

Answer 1

Answer:

I think it's #3 participating in a bank run, because loaning money u give money away but they still have to give that money back by paying the loan little by little.

Answer 2

Answer:

Participating in a bank run

Explanation:

Bearing in mind that a Participating in a bank run, occurs when people in bulk want to withdraw their cash from banks for a distrust of the economy, but banks do not have that amount in cash, since the money is In the case of other businesses and normally in the long term, banks cannot comply and cannot deliver all the cash, we can affirm that in this process the banks do not earn money.