Which of the Following Is a Role of a Bank

question 77

Multiple Choice

Which of the following is a role of a bank?

• A)Attract funds from the capital markets to facilitate borrowing by the household sector.
• B)Accept deposits and make loans and in doing so facilitate the flow of funds from borrowers to lenders.
• C)Accept deposits and make loans and in doing so facilitate the flow of funds from savers to borrowers.
• D)Manage the level of interest rates.

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Definitions:

Rewards and Punishments

Incentives and consequences used to reinforce desired behavior and discourage unwanted behavior, respectively.

Gamification

The application of game-design elements and principles in non-game contexts to engage and motivate people to achieve their goals.

Mastery

A high level of skill or knowledge in a particular subject or activity.

Frequency Marketing

A marketing strategy designed to reward customer loyalty by providing benefits or rewards based on the frequency of purchase or engagement.