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

An epa responsibility
I'll UpVote, Just Someone Please Help Me! For One Of My Math Problems, It Says To "Predict" The Answer. What Do They Mean By Predict? Does It Mean To Just Solve
Could someone help please all
How far did islam spread by 732 a century after Muhammad's death
If f(x)=-12x−3, find x for f(x)=89.
Need help bad don't know how to solve. I don't get this math at all!
Why does the town feel sorry for Emily? Why do you think she does not fit in?
What are the end products of cellular respiration?
What is the unit rate of 50.4 feet in 14 years?
Is the following equation balanced? 2Na + 2H2O = 2NaOH + H2 Yes No