Asked by
Shelly Smith
on Nov 11, 2024Verified
From a bank's point of view,its deposits are liabilities.
Liabilities
Financial obligations or debts that a company or individual owes to others, which must be paid back in the future.
- Fathom the tasks of banks in the economics of money supply.
Verified Answer
KM
Learning Objectives
- Fathom the tasks of banks in the economics of money supply.