e limit$.$

missions.

n explanations.

b$.$ You are starting a business in a new industry and need $$300$ million for your initial investment. Of course, few individual savers would be willing or able to make such a loan.

A bank helps solve this problem by

eliminating information problems.

pooling savings from many savers.

providing payment services.

spreading the risk of lending money across many borrowers.

creating long$-$term loans from short$-$term deposits.

c$.$ You need $$15,000$ to purchase a new car. No one who knows you personally has the money to lend.

A bank helps solve this problem by