Which of the Following Is a Reason Why Banks Differ

question 129

Multiple Choice

Which of the following is a reason why banks differ from other types of businesses?  

• A) because banks earn profits 
• B) because banks combine economic resources to produce services 
• C) because banks can go out of business 
• D) because banks can create money

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Definitions:

Jacksonian Era

A period in American history (approximately 1824-1850) characterized by the democratization of politics under President Andrew Jackson and his supporters.

Public And Private Definitions

Distinctions between definitions intended for public comprehension or legal purposes and those understood in a more personal, confidential context.

American Freedom

The ideals, rights, and liberties that are foundational to the United States, including freedom of speech, religion, and the pursuit of happiness.

Government Power

The authority and ability of a governmental organization to exercise legal and political command over its jurisdiction and the people within it.