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Chemistry, 06.04.2021 14:00, emily200705
How does the practice of fractional reserve banking affect banks?
A. It ensures that banks always have cash reserves equal to their
total deposits.
B. It gives banks the freedom to change interest rates on loans at any
time.
C. It prevents banks from profiting off loans they provide with
deposited funds.
D. It allows banks to keep only a small percentage of their deposits in
reserve.
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Answers: 3
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How does the practice of fractional reserve banking affect banks?
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