1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Galina-37 [17]
3 years ago
12

Which of the following accurately describes the requirements banks must

Law
1 answer:
zlopas [31]3 years ago
7 0

Answer:

A. Banks must keep a specific percentage of deposits on hand.

Explanation:

Fractional reserve banking is known to be a system whereby bank deposits of a fraction are actually backed the cash on hand which is usually available for withdrawal. In the fractional reserve banking, banks re required to keep a certain amount of deposits on hand. This deposit on hand is known as bank's reserves. actually, banks are not required to keep the entire amount on hand.  

Option A is the correct answer.

You might be interested in
List 4 types of people Texas law would consider a family member.
stich3 [128]

Answer:

a current or former spouse.

a child of a current or former spouse.

a person with whom the offender has a child or children.

a foster child or foster parent of the offender.

Explanation:

4 0
3 years ago
Workplace murders are most commonly committed by offenders in which age group? O a . Under 18 O b . 18-24 O c . 25-34 O d 35-49
dimaraw [331]

Answer:

C 25-34

Explanation:

5 0
3 years ago
Question 5Multiple Choice Worth 3 points) please help I’m really stuck on this question
just olya [345]

As some people think that everyone would be better off if banks and other financial institutions stopped issuing loans or credit cards, the statement that supports this argument is People would be less likely to become overwhelmed by debt.

<h3>What is the function of loans or credit cards?</h3>

Both the loans or credit cards are form of credit service offered by financial institutions.

Basically, the Personal loans offer borrowed funds in one initial lump sum with relatively lower interest rates and must be repaid over a finite period of time while the Credit cards give a borrower access to funds as long as the account remains in good standing.

Hence, the statement that supports this argument is People would be less likely to become overwhelmed by debt.

Therefore, the Option C is correct,

Read more about financial institutions

brainly.com/question/13442420

#SPJ1

5 0
2 years ago
Read 2 more answers
There going To be serious punishments for being antisocialble and not Making friends
Tju [1.3M]
Wait what are the punishments?
3 0
3 years ago
This occurs when a country offers multiple parties the option to run for election?
mr_godi [17]

Answer:  

Multi-party system

6 0
3 years ago
Read 2 more answers
Other questions:
  • What are the federal rules of evidence and why are they needed
    15·1 answer
  • 25+ POINTS TO ANYONE WHO CAN ANSWER THIS!!!!!!!!!!!!
    15·2 answers
  • What is meant by "taking the fifth?"
    8·2 answers
  • how does the supreme court use tests? what test does the court use when determining whether a state can use a confession obtaine
    7·1 answer
  • Can Australian chartered accountant work in USA as a chartered accountant?​
    11·1 answer
  • Nothing<br><br> At all ok akjsnendnbshdbbdnd
    7·2 answers
  • For an assingment I’m doing, I’m writing a letter about lowering the age requirment of voting to 16. I’m sending this letter to
    14·2 answers
  • Besides a grand jury and due process, what other rights does the Fifth Amendment provide (list three)
    10·2 answers
  • What are 10 values of constitutional democracy?
    9·2 answers
  • Do you think society asks much of thecriminal court?  explain your answer
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!