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Misha Larkins [42]
3 years ago
11

Which of the following accurately describes the requirements banks must meet under a fractional reserve banking system? A. Banks

must pay a specific fraction of their assets in taxes. B. Banks must get government approval for all loans. C. Banks must keep a specific percentage of deposits on hand. D. Banks reserve the right to raise interest rates at any time.
Business
1 answer:
ikadub [295]3 years ago
5 0

Answer:A,B,E,F

Explanation:

Just took the test

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