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3. Fractional reserve banking Which of the following statements about fractional reserve banking are correct? Check all that apply. Fractional reserve banking allows banks to
3. Fractional reserve banking Which of the following statements about fractional reserve banking are correct? Check all that apply. Fractional reserve banking allows banks to create money through the lending process. Fractional reserve banking allows banks to create additional wealth by lending some reserves. Fractional reserve banking relies on depositors not all withdrawing their money at the same time. Fractional reserve banking does not allow banks to hold excess reserves
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