Why Is The Commercial Banking System Distinct From Investment Banks And Savings Banks?

The commercial bank….
a) lends the savings to public borrowers
b) creates money
c) pays interest on savings account
d) is subject to some government regulation

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2 Responses to Why Is The Commercial Banking System Distinct From Investment Banks And Savings Banks?

  1. Anonymous says:

    this is the way to categorize the functionality of the economic system.

  2. NYC_Sinc says:

    banking act of 1933 (or whatever it was called). Required them to be separate