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In a fractional reserve system... Select one: a. banks must keep the total value of their deposits on reserve. b. banks may not lend funds

In a fractional reserve system... Select one: a. banks must keep the total value of their deposits on reserve. b. banks may not lend funds to speculators. c. banks can loan excess reserves to borrowers. d. commercial banking is kept separate from investment banking. e. None of the above

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