How do banks mediate between those who have surplus money and those who need money?
Ans, Banks a... VIDEO
How do banks mediate between those who have surplus money and those who need money?
Ans, Banks accept deposits feom people who have sueplus meney. They pay interest on those deposits.
For example, woikens who recerive salevies at the end of each month, have extla Cash at the staiting of menth, which they deposit in tanks. In is cuay peoples meney is safe with the bank they also get inteeest on it: The banks used the major poution ili it.oof there deposits to give loans
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