The term fractional reserves refers to
A) The fact that reserves are split among many banks.
B) Reserves being a small fraction of total transactions account balances.
C) The ratio of required reserves to total loans.
D) The ratio of excess reserves to total loans.
Correct Answer:
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Q51: The banking system can lend the sum
Q52: The ratio of a bank's total reserves
Q53: Excess reserves are
A)Total reserves less required reserves.
B)Total
Q54: Suppose University Bank has zero excess reserves.If
Q55: Banks are required to keep a minimum
Q57: Which of the following explains why banks
Q58: Initially a bank has a required reserve
Q59: When cash or coins are initially deposited
Q60: For a small bank in a large
Q61: Suppose a bank has $1 million in
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