The economic period in which the banks have excess funds is classified as _____________?

Correct answer: C. contraction period

  • A. functional time line
  • B. contract timing
  • C. contraction period
  • D. expansionary periods

Explanation

During a contraction, loan demand and economic activity generally weaken, leaving banks with comparatively excess funds. An expansionary period usually has stronger loan demand and greater pressure on available funds.

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