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What accurately describe the requirements banks must meet under a fraction reserve banking system?
Wiki User
∙ 7y ago
Banks must keep a specific percentage of deposits on hand.
A banking system in which banks keep a portion of deposits on hand to satisfy their customer's demands for withdrawals.
Rasheed Connelly
Wiki User
∙ 11y agoBanks must keep a specific percentage of deposits on hand.
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Banks must keep a specific percentage of deposits on hand. Apex Economics.
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What statement accurately describes the requirements banks must meet under a fractional reserve banking system?
Banks must keep a specific percentage of deposits on hand. Apex Economics.
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