Economy, asked by Kunjalbabbar9179, 1 year ago

What is the role of the bank in our economy for 0 project?

Answers

Answered by Anonymous
0
The main function of banks in theeconomy is to loan money to businesses, thus stimulation theeconomy. They also play a big role in implementing the monetary policy set by the fed. This puts credit into the system which has many impacts on the economy including pricing power, monetary supply, interest rates, etc.
Similar questions