According to traditional keynesians, when the central bank increases the money supply during a recession, people will keep most of it in their bank accounts.
A bank is a financial institution that accepts deposits from the public and makes loans on demand deposits. Loans can be made directly by banks or indirectly through the capital markets.
A bank is a financial institution that has the authority to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks.
The function of banks is to collect deposits from the public and lend them for the development of agriculture, industry, commerce and commerce. Banks pay interest to depositors at lower interest rates and receive interest on loans at higher interest rates.
Learn more about bank here:https://brainly.com/question/14368059
#SPJ4
