2 years ago

Why do banks practice fractional reserve banking?

Law

1 answer:

USPshnik [31]2 years ago

7 0

Answer:

Fractional reserve banking has pros and cons. It permits banks to use funds (the bulk of deposits) that would be otherwise unused to generate returns in the form of interest rates on loans—and to make more money available to grow the economy

You might be interested in

Which of the following statements BEST supports the belief that a

yaroslaw [1]

Defense is responsible for proving a person’s innocence

Brainliest?

8 0

3 years ago

What terms describes contract damages set by a clause within the contract itself?

puteri [66]

Answer:

Liquidated damages is the clause that is included in a contract to determine damages if a party was to breach the contract.

Explanation:

5 0

3 years ago

Do you think that it’s legal to recreat the cards of a game, and play it with other people?

SashulF [63]

No I don’t think it is

3 0

2 years ago

Read 2 more answers

Which of the following is the most direct method for combating rainforest deforestation?

Whitepunk [10]

Answer:

The answer to this question is C. rehabilitation.

3 0

3 years ago

Read 2 more answers

Jake thinks the truck is his own separate property.he can offer evidence and argue against the presumption. True or false?

3241004551 [841]

If he has fully paid off the truck and doesn’t owe any payments then he owns the truck so it is his property.
I think

3 0

2 years ago

Read 2 more answers