Select all that apply

Which of the following is a function of commercial bank loans?
Multiple select question.

Finance consumer purchases of durable goods

Provide unemployment benefits to qualifying persons

Provide supplementary income for low-income households

Provide short-term financial capital to businesses

1 answer

The functions of commercial bank loans include:

  • Finance consumer purchases of durable goods
  • Provide short-term financial capital to businesses

The other options, "Provide unemployment benefits to qualifying persons" and "Provide supplementary income for low-income households," are not functions of commercial bank loans.