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In Business / College | 2025-07-06

Select the correct answer.
Which type of bank contributes to the national economy by managing accounts and credit lines for both individuals and businesses?
A. savings banks
B. credit unions
C. savings and loan associations
D. commercial banks

Asked by y5hg5nrdfd

Answer (2)

Commercial banks are essential to the national economy by managing accounts and credit lines for individuals and businesses. They provide a wide range of financial services, playing a crucial role in economic growth. The correct answer to the question is D. commercial banks. ;

Answered by GinnyAnswer | 2025-07-06

The type of bank that contributes most significantly to the national economy by managing accounts and credit lines for individuals and businesses is commercial banks. They offer a broad range of services, including loans and credit management. The correct answer is D. commercial banks.
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Answered by Anonymous | 2025-07-24

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