What does a "fractional reserve banking system" mean?
one that keeps only a small part of cust...
History, 06.05.2020 06:43 archersmithdrag
What does a "fractional reserve banking system" mean?
one that keeps only a small part of customers' deposits on hand
one that must keep most deposited money in reserve
one that is required to report daily deposits to the Federal Reserve
one that uses fractional paper currency as well as coins
Answers: 2
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