A commercial bank is defined as a financial institution which performs the functions of accepting deposits from the public, giving loans and investment for profit making. Analyse THREE (3) main functions of commercial bank in enhancing circular flow of income in four-sector economies.

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
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A commercial bank is defined as a financial institution which performs the functions
of accepting deposits from the public, giving loans and investment for profit making.
Analyse THREE (3) main functions of commercial bank in enhancing circular flow
of income in four-sector economies.
Transcribed Image Text:A commercial bank is defined as a financial institution which performs the functions of accepting deposits from the public, giving loans and investment for profit making. Analyse THREE (3) main functions of commercial bank in enhancing circular flow of income in four-sector economies.
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