Fractional reserve banking is useful for banks because it:
A.
allows the value of loans to ex...
Social Studies, 25.07.2021 09:30 smilebehappy468
Fractional reserve banking is useful for banks because it:
A.
allows the value of loans to exceed the value of cash reserves.
B.
divides large accounts into smaller ones that are easier to manage.
C.
pressures customers to accept higher interest rates on loans.
D.
combines the services of both commercial and retail banks.
Answers: 3
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