Social Studies, 09.12.2021 18:20 niyyyareligion
Fractional reserve banking is useful for banks because it:
A. pressures customers to accept higher interest rates on loans.
B. divides large accounts into smaller ones that are easier to
manage
O C. allows the value of loans to exceed the value of cash reserves.
O D. combines the services of both commercial and retail banks.
Answers: 1
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Fractional reserve banking is useful for banks because it:
A. pressures customers to accept higher...
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