delphinelilly7613 delphinelilly7613

26-05-2021
Law

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In fractional reserve banking, the institution keeps 100% of the money on hand from each deposit. a.True b. False

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juxpraetorpmirich juxpraetorpmirich

26-05-2021

Answer:

False

Explanation:

In fractional reserve banking, the institution usually keeps 10% of the money from each deposit, the rest of which is released into the economy in the form of loans

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