Problem
1. Why are banks able to lend a portion of any funds deposited with them?
2. Why are banks unable to lend sums in excess of the amount deposited with them?
3. Why are sight bank deposits money?
4. Are cheques money?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.