charlieh7247 charlieh7247
  • 01-05-2018
  • Business
contestada

What does a fractional reserve banking system mean?

Respuesta :

skuxxscholar
skuxxscholar skuxxscholar
  • 01-05-2018
Fractional reserve banking is the practice where a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.
Answer Link
happyface12 happyface12
  • 09-11-2018

One that keeps only a small part of customers' deposits on hand

Answer Link

Otras preguntas

Please only say something if you really know it
What is the answer please
What is the molarity of 90.0 g of NH4Cl dissolved to make 2.25 L of solution?
Which plece of legislation signed by Lyndon Johnson brought an end to barriers preventing minorities from participating in elections? A Medicare B. War on Pover
what center: (-4,-2); radius = 9
Jonas knows the following information about the 19 members in his travel group: •5 members have been to both the United States and Australia, •11 members in tot
If data has been graphed, and is normally distributed, what percentage of the data will be within 2 standard deviations? 95% 68% 99.7% 50%
If you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for t
After the Civil war, African American rights were restricted by?
Draw a line from each figure to an area