History, 18.05.2021 07:10 steelersfan4343
The purpose of fractional reserve banking is to:
A. combine the financial services of both commercial and retail
banks.
B. give banks the ability to make loans greater than the value of cash
deposits.
C. prevent banks from charging unfair interest rates to small
businesses.
D. give potential borrowers more options for securing short-term
bank loans.
Answers: 3
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The purpose of fractional reserve banking is to:
A. combine the financial services of both commerci...
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