The bank practice of lending money and therefore holding less cash than what is owed its depositors is called ________ banking.
A) fractional-reserve
B) Federal Reserve
C) cash flow
D) creative
E) deposit ratio
Correct Answer:
Verified
Q20: The sum of coins,currency,and checkable deposits is
Q21: A primary function of investment bankers is
Q22: The basic distinction between M1 and M2
Q23: Banks make their profits mainly by
A) charging
Q24: Demand deposits in a commercial bank are
Q26: Fractional-reserve banking means that
A) banks hold less
Q27: Fractional-reserve banking depends on the assumption that
A)
Q28: The cash holdings of a commercial bank
Q29: The liabilities of a commercial bank include
A)
Q30: Some economists include time or savings deposits
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents