aliyafamke aliyafamke

19-03-2022
History

contestada

Explain Fractional Reserve Banking. Please illustrate with an example.

Respuesta :

marthaper11 marthaper11

19-03-2022

Answer:

Fractional Reserve banking is where bank deposits are backed by actual cash on hand and available for withdrawal. Example - if a bank has $500 million in assets, it must hold $50 million, or 10%, in reserve

Hope this helps!!!

Answer Link

Otras preguntas

El mes pasado mi esposo y yo hicimos un viaje a Buenos Aires y sólo pagamos dos mil dólares (1) los pasajes. Estuvimos en Buenos Aires (2) una semana y paseamos

Jessica is deciding on her schedule for next semester. She must take each of the following classes: English 101, Spanish 102, Biology 102, and College Algebra.

Which is a server's legal duty?

Which function results after applying the sequence of transformations to f(x) = x5? stretch vertically by 3 reflect across the x-axis shift right 1 unit shift u

X^2 + 8x + c What is c ?

Read the sentences. The tone of the speech was stern. The speaker called for hard work and determination. Which is the best way to combine the sentences?

what is population education?

What is insert a letter (word connection)

Identify the vertex of the graph Tell whether it is a minimum or a maximum

Which agreement laid the groundwork for the formation of the World Trade Organization? A. North American Free Trade Association (NAFTA) B. General Agreement o