What is the main source of profit for financial
institutions - difference between interest paid on deposits and
interest received on loans. The early bankers were the goldsmiths.
RRR and who sets it, if you are given some amount of deposits and
the RRR, you should be able to determine the required reserves for
this bank and how much loan this bank might be able to create and
how much loan the entire banking system might be able to
create.
What is the main source of profit for financial institutions - difference between interest paid on deposits and interest
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