Which of the following best describes a fractional reserve banking system?

History

1 answer:

Soloha48 [4]3 years ago

6 0

The correct answer is letter C.

Explanation: Banks represents a big part of our lives. The evolution of banks has changed the business.

That are many things that can be done in a bank.

What the is earned by the bank is used most of the times to pay the interest on savings accounts and to cover the bank's expenses.

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