Social Studies, 22.06.2021 18:00 kassidy49
The purpose of fractional reserve banking is to:
A. give potential borrowers more options for securing short-term
bank loans.
B. prevent banks from charging unfair interest rates to small
businesses.
C. give banks the ability to make loans greater than the value of cash
deposits
D. combine the financial services of both commercial and retail
banks
Answers: 3
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The purpose of fractional reserve banking is to:
A. give potential borrowers more options for secur...
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