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What does fractional reserve banking refer to? Question 3 Answer a. Banks lending money without reserves b. Banks holding reserves equal to deposits c. Banks
What does fractional reserve banking refer to? Question 3 Answer a. Banks lending money without reserves b. Banks holding reserves equal to deposits c. Banks holding a fraction of deposits as reserves d. Banks not involved in money creation
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
