Just as banks and thrifts accept the deposits of and make loans to the public, the ______ accepts the deposits of and makes loans to banks and thrifts.

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15-04-2022
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Just as banks and thrifts accept the deposits of and make loans to the public, the ______ accepts the deposits of and makes loans to banks and thrifts.

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abiolataiwo2015 abiolataiwo2015 · Answer 1 · 2022-04-28T11:14:46+02:00

If banks and thrifts accept the deposits of and make loans to the public, the central bank accepts the deposits of and makes loans to banks and thrifts.

What is central bank?

Central bank is a financial institution that have control over other banks and they help to regulate the flow of money or money in circulation,

Cental bank oversees the financial activities of other financial institution and they as well accept deposit and grant loans to banks.

Therefore central bank accepts the deposits of and makes loans to banks and thrifts.

Learn more about central bank here:https://brainly.com/question/25711082