Question: Compensating balances... Select one: a . are used by banks as a substitute for charging service fees. b . are created by having a zero

Compensating balances...
Select one:
a. are used by banks as a substitute for charging service fees.
b. are created by having a zero-balance sweep account.
c. generate returns to customers from interest bearing accounts.
d. are used to reward new accounts
Compensating balances... Select one: a. are used by banks as a

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