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.
XO B. It ensures that banks always have cash reserves equal to their total
deposits.
c. It prevents banks from profiting off loans they provide with deposited funds.
D. It gives banks the freedom to change interest rates on loans at any time.

A. it allows bank to keep only a small percentage of their deposits in reserve.

Explanation:

I got it right on my test

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the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.