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If 100% of first national bank's is held is reserves, it is known as a) Fractional deposits b) 100% reserve banking c) Fractional reserve banking
If 100% of first national bank's is held is reserves, it is known as
a) Fractional deposits
b) 100% reserve banking
c) Fractional reserve banking
d) None of the above
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Global Business Today
Authors: Charles Hill
9th Edition
1259299201, 9781259299209
