Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 9

9

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Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

What explains the difference between retail and commercial banking?

Answer

A

Retail banks loan money to small businesses, while commercial banks loan money to large corporations.

B

Commercial banks loan money to small businesses, while retail banks loan money to large corporations.

C

Retail banks help big businesses make capital purchases, while commercial banks help consumers invest.

D

Commercial banks help small businesses make capital purchases, while retail banks help big businesses invest.

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