What do banks not do? A) Provide loans to customers B) Accept deposits from customers C) Print money for the government D) Offer savings accounts
Understand the Problem
The question is asking which of the given options is not something that banks typically do. It presents four choices related to the functions of banks, and the goal is to identify the correct one that is outside their normal operations.
Answer
Print money for the government
Banks do not print money for the government.
Answer for screen readers
Banks do not print money for the government.
More Information
Commercial banks engage in activities like accepting deposits, providing loans, and offering savings accounts. Printing money is a function of central banks, such as the Federal Reserve in the U.S., not commercial banks.
Tips
A common mistake is to assume that printing money is a function of commercial banks, whereas it is actually a function of central banks.
Sources
- How Banks Create Money - Harper College - .harpercollege.edu
- How Do Commercial Banks Work, and Why Do They Matter? - investopedia.com
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