6
QuizMultiple Choice

Banking and Financial Institutions

Question 6 • AFC Personal Financial Literacy and Economics S2

Some savings accounts help depositors earn money. Where does this money come from?

Answer
A
from the federal government agency known as the FDIC
B
from the interest that borrowers pay to a bank for a loan
C
from the central banking system, which is called the Fed
D
from other depositors’ money kept in the bank’s vault
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