kathrynsalomon
kathrynsalomon
10.04.2021 • 
Business

How does fractional reserve banking grow the economy? A. By giving banks the authority to print their own money during an economic emergency
B. By forcing a bank to maintain a reserve that covers all deposits made to it
C. By allowing the same money to be both stored as a deposit and loaned to businesses
D. By making it possible for foreign currency to be converted into new U.S. dollars

Solved
Show answers

Ask an AI advisor a question