How does fractional reserve banking grow the economy?
A. By making it possible for foreign currency to be converted into
new U. S. dollars
B. By allowing the same money to be both stored as a deposit and
loaned to businesses
C. By forcing a bank to maintain a reserve that covers all deposits
made to it
D. By giving banks the authority to print their own money during an
economic emergency
Answers: 3
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How does fractional reserve banking grow the economy?
A. By making it possible for foreign currency...
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