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Which of the following statements concerning how banks make money is true?
Which of the following statements concerning how banks make money is true?
a. The majority of money is made when banks print new money, like the newMandela notes coming into circulation shortly.
b. Banks make additional loans when actual reserves are less than requiredreserves, a sign of positive excess reserves.
c. Banks make additional loans when actual reserves exceed required reserves, asign of positive excess reserves.
d. When actual reserves exceed desired reserves the banks will call in their loans.e. A commercial bank makes money by buying currency from the South AfricanReserve Bank.
