C-07-Q169mediumsingle_mcq
Why are commercial banks called dealers of short-term loans?
Why are commercial banks called dealers of short-term loans?
- aBecause they only deal with foreign currency
- bBecause they must return depositors' money on demand, so they lend from reserves only for short periods
- cBecause the central bank prohibits long-term lending
- dBecause they have no fixed deposits