Question: Select all that apply Banks perform two essential functions for the macro economy: Multiple select question. The banking system creates additional money by making loans

Select all that apply Banks perform two essential functions for the macro economy: Multiple select question. The banking system creates additional money by making loans in excess of total reserves. Banks transfer money from savers to spenders by lending funds (reserves) held on deposit. Banks earn profits through making loans to individuals and businesses. Banks earn revenue for the government

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