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Economics
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The largest source of income for most banks is

A. Interest on securities.

B. Interest on loans.

C. Service charges on deposit accounts.

D. Noninterest income

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Mahe Alam
Mahe AlamLv10
10 Mar 2021
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Related questions

The Federal Reserve Board has the power to
a.increase or decreases the interest rate it charges on the loans it extends to member banks.
b.buy and sell government securities in order to increase or decrease the supply of money in the economy.
c.manipulate the interest rate charged by one bank to another on loans in the federal funds market.
d.All of these are correct.
Considering the balance sheet for all commercial banks in the US, the largest category of assets is: 
 
(i) Loans
(ii) Cash Items
(iii) U.S. Gov. securities
(iv) Requires Reserves

Which statements describe how the fed responds to high inflation? check all that apply.

A) It charges banks more interest.
B) It pays banks less interest.
C) It sells more securities.
D) It decreases the money supply.
E) In increases the money supply.

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