kaylaunderwood0 kaylaunderwood0
  • 21-03-2018
  • Social Studies
contestada

Why would banks offer higher interest rates for savings and checking accounts?

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JustinWolfikun
JustinWolfikun JustinWolfikun
  • 21-03-2018
Because banks can increase deposit interest rates to encourage customers to lend, or lower loan ratesto incentivize customers to borrow.
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