A Bank Which Operates Exclusively Over the Internet Is Known

question 60

Short Answer

A bank which operates exclusively over the internet is known as a ___________ bank.

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Definitions:

Money Supply

The broad total of financial assets available in an economy at a specified moment.

Gold

A precious metal used as an investment, a currency hedge, and in various industrial applications, valued for its rarity and physical properties.

Silver

A precious metal used for investment, industrial applications, and jewelry, valued both for its monetary and physical properties.

Interest Rate Changes

Variations in the cost of borrowing money, often influenced by central bank policies.