Social Studies, 14.12.2021 21:20 melissareid65
Which of these scenarios best describes fractional reserve banking? Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car Jamir makes a $1,000 deposit and then withdraws it one week later. Isabella splits her $5,000 deposit between two different banks. A bank manager trades old, worn $20 bills for new currency issued by the Federal Reserve.
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Which of these scenarios best describes fractional reserve banking? Maria makes a deposit of $20,000...
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