what does a banks interest rate measure?\no the cost of depositing money in a bank\no the cost of borrowing…
what does a banks interest rate measure?\no the cost of depositing money in a bank\no the cost of borrowing money from a bank\no the cost of starting a new business\no the cost of keeping a bank in business
Answer
Brief Explanations:
A bank's interest rate for borrowers is the cost they pay for borrowing money. It is not related to depositing cost (which is more about fees in some cases), starting a new - business cost in general, or cost of keeping a bank in business.
Answer:
the cost of borrowing money from a bank