Social Studies, 10.11.2020 19:20 chyyy3
The practice of fractional reserve banking means that:
O A. banks are required by law to operate as nonprofit organizations.
B. banks are not allowed to use deposited funds to make loans.
C. banks can change the interest rates on loans at any time.
D. banks only keep a portion of their deposits as cash reserves.
Answers: 2
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The practice of fractional reserve banking means that:
O A. banks are required by law to operate as...
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