Question

pls ans correct
class X economics lesson 3
don't give wrong or bad ans
(ans must be logic )
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Answer 1

Answer:

24 a_ banks make use of deposits to meet the loan requirements of the people .in this way banks mediate between those who have surplus funds ( the depositors)and those who are in need of these funds (the borrowers) .Banks charge a higher interest rate on loans than what they offer on deposits.

b- medium of exchange :when money is used to intermediate the exchange of goods and services ,it is performing a function as a medium of exchange .unit of account:it is a standard numerical unit of measurement of market value of goods services and other tranctions.

these are to such sorry i will answer you later