How does it help the economy that banks offer incentives (like interest payments, deposit insurance, etc.) to get customers to deposit money with them?
a. it ensures that the bank's shareholders will make ensures that the bank's shareholders will make profits.
b. it makes the financial services industry more makes the financial services industry more competitive.
c. it helps prevent people from keeping their cash out of helps prevent people from keeping their cash out of circulation.
d. it allows for a wider range of investment opportunities for consumers.
