which of the following is a primary function of banks? reducing inflation offering loans selling intangible…
which of the following is a primary function of banks? reducing inflation offering loans selling intangible assets
Answer
Answer:
offering loans
Brief Explanations:
Banks take deposits and lend money. Offering loans is a core function for profit - making and financial intermediation. Reducing inflation is more a central - bank function, and selling intangible assets is not a primary bank function.