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In an economic system, a bank acts as a financial intermediary that facilitates the flow of money between savers and borrowers. It accepts deposits from individuals and businesses, providing a safe place to store funds while offering interest. Banks also extend loans, which helps to finance investments and consumption, thereby stimulating economic growth. Additionally, they play a crucial role in implementing monetary policy and maintaining financial stability within the economy.
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What is the difference between economy and economics?
The difference is that Economy is a system and Economics is the study of something.
What is difference between economics and economy?
The difference is that Economy is a system and Economics is the study of something.
What are three main economics for economic system?
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
What was the Persian economics system in 500 bc?
gold
In economics what does the term market and refer to?
The system of exchanging goods. A+
Where can you work with a Ph.D in economics?
any where in a bank or teaching
What is word for bank in marathi?
A Bank (economics) is called Pathpedhi in marahti. River Bank is called Nadi Kaath.
What is a bank called in Marathi?
In Marathi, bank is called 'kaat' But while studying Economics in Marathi it is usually called Bank.
What is conventional economics compare Islamic economics?
islamic is system good waya
What is the difference between economy and economics?
The difference is that Economy is a system and Economics is the study of something.
What is difference between economics and economy?
The difference is that Economy is a system and Economics is the study of something.
Which institution set up the Nobel Prize for Economics in 1968?
The Nobel prize for Economics was set up by the Bank of Sweden in 1968 in memory of Alfred Nobel. It was the President of the Bank of Sweden who instituted the new award.
Which institution set up the Nobel Prize for Economics 1968?
The Nobel prize for Economics was set up by the Bank of Sweden in 1968 in memory of Alfred Nobel. It was the President of the Bank of Sweden who instituted the new award.
What are three main economics for economic system?
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
What is the difference between comparative economics and comparative economic system?
The different between them is that the word economics and economic.
What was the Persian economics system in 500 bc?
gold
A capitalist country has economics system?
free market
