What does a "fractional reserve banking system" mean?
one that must keep most deposited...
History, 15.04.2020 21:28, Alexmills6093
What does a "fractional reserve banking system" mean?
one that must keep most deposited money in reserve
one that keeps only a small part of customers' deposits on hand
one that is required to report daily deposits to the Federal Reserve
one that uses fractional paper currency as well as coins
Answers: 3
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