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27. What are the pros and cons of a fractional reserve banking system for society? A. Pro: Creates wealthy bankers. Con: Creates inflation B. Pro:

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27. What are the pros and cons of a fractional reserve banking system for society? A. Pro: Creates wealthy bankers. Con: Creates inflation B. Pro: Creates more credit than otherwise could be possible. Con: Creates banking panics and inflation. C. Pro: Keeps our deposits safe. Con: creates inflation. D. Pro: Creates credit expansion leading the production of real goods and services. Con: Creates deflation and banking crises

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