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Cersei deposited [$5000] in the bank. The bank kept [$500] in its vault and loaned out [$4500]. Which of the following best describes what the
Cersei deposited \[\$5000\] in the bank. The bank kept \[\$500\] in its vault and loaned out \[\$4500\]. Which of the following best describes what the bank is doing? Choose 1 answer: Choose 1 answer: (Choice A) Excess reserve banking A Excess reserve banking (Choice B) Investment banking B Investment banking (Choice C) Fractional reserve banking C Fractional reserve banking (Choice D) Full reserve banking D Full reserve banking (Choice E) Required reserve banking E Required reserve banking
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Environmental Economics and Management Theory, Policy and Applications
Authors: Scott J. Callan, Janet M. Thomas
6th edition
1111826673, 1111826676, 1439080634, 1439080631, 9781285528540 , 978-1111826673
