Economic please help!!
How does the practice of fractional reserve banking affect banks?
A. I...
Advanced Placement (AP), 18.03.2021 01:40 jackb9361
Economic please help!!
How does the practice of fractional reserve banking affect banks?
A. It allows banks to keep only a small percentage of their deposits
in reserve.
B. It prevents banks from profiting off loans they provide with
deposited funds
C. It ensures that banks always have cash reserves equal to their
total deposits.
O D. It gives banks the freedom to change interest rates on loans at any
time
Answers: 3
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