Question: What is the consequence of fractional reserve banking according to Austrian theory? a. Too slow credit growth, causing boom-bust cycles b. Too rapid money growth,

What is the consequence of fractional reserve banking according to Austrian theory?
a. Too slow credit growth, causing boom-bust cycles
b. Too rapid money growth, causing boom-bust cycles
c. Too little capital in banks, causing boom-bust cycles
d. Too high leverage in the private sector, causing boom-bust cycles

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