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Business, 28.07.2019 01:00 ayoismeisjjjjuan

Which accurately describes the requirements banks must meet under a fractional reserve banking system? banks must get government approval for all loans. banks reserve the right to raise interest rates at any time. banks must pay a specific fraction of their assets in taxes. banks must keep a specific percentage of deposits on hand.

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Which accurately describes the requirements banks must meet under a fractional reserve banking syste...
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