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dedylja [7]
3 years ago
9

In a fractional reserve banking system: Group of answer choices banks create money by printing it. banks create money by making

loans. the size of M1 can only be a fraction of checkable deposits. banks are required to hold 100% of deposits as reserves.
Business
1 answer:
r-ruslan [8.4K]3 years ago
3 0

Answer:

the size of M1 can only be a fraction of checkable deposits.

Explanation:

fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.

M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.

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Answer:

The statement is inaccurate.

Explanation:

Comment on the validity of this statement. LO 3 (p. 19-9).

The statement is inaccurate. When a deficit exists in current E & P and a positive balance exists in accumulated E & P, the accounts are netted at the date of distribution. If a positive balance results, the distribution is a divide to the extent of the balance. Any loss in current E & P is deemed to accrue ratably throughout the year unless the parties can show otherwise.

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<h3>What is consumer perception?</h3>

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Therefore, the process where Sports Illustrated its publication and attempt to influence today's children to purchase SI when they become adults is an example of consumer perception.

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⦁ a local drama company proposes a new neighborhood theater in san francisco. before approving the permit, the city planner comp
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