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With fractional reserve banking,: Multiple choice question. banks have to keep a fraction of deposits on hand. banks have to have deposits equal to reserves.
With fractional reserve banking,: Multiple choice question. banks have to keep a fraction of deposits on hand. banks have to have deposits equal to reserves. banks have to have loans equal to reserves. banks have to have deposits equal to loans
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
