<p>Banks typically require small businesses to submit their financial statements before lending money.</p>
<p>The correct answer is (B) typically.</p>
<p>In this sentence, the word "typically" is used as an adverb to describe how banks require small businesses to submit their financial statements. The word "typically" is derived from the adjective "typical" which means usual or characteristic. When used as an adverb, "typically" indicates that something is done in a usual or expected manner.</p>
<p>The other options, (A) typical, (C) typed, and (D) type, do not fit in the sentence grammatically or semantically. "Typical" is an adjective, not an adverb, so it does not modify the verb "require" correctly. "Typed" is the past tense of the verb "type," but it does not make sense in the context of the sentence. "Type" is a noun and does not fit the sentence structure.</p>