Question 6 Banks hold people’s cash for free, and sometimes even pay for the privilege of holding it, because: they are nice. deposits allow banks to make profitable loans. the Federal Reserve requires that they do so. the cash can be deposited at the Federal Reserve Bank to earn interest. 2 points

Question 6
Banks hold people’s cash for free, and sometimes even pay for the privilege of holding it, because:
they are nice.
deposits allow banks to make profitable loans.
the Federal Reserve requires that they do so.
the cash can be deposited at the Federal Reserve Bank to earn interest.
2 points

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