Identify the correct statement regarding a fractional reserve ...

[bobbie]

Identify the correct statement regarding a fractional reserve banking system.
 a. Only a fraction of the banks in the system are allowed to create money.
 b. Only a fraction of the banks in the system have reserves.
 c. The claims outstanding against the bank are only a fraction of the bank's total reserves.
  d. Each bank must deposit a fraction of its reserves with the Federal Reserve Bank.
  e. Bank reserves represent only a fraction of bank deposits.

Question 2

Which of the following is often called the Antimerger Act?
 a. Clayton Act.
  b. Robinson-Patman Act.
  c. Sherman Antitrust Act.
  d. Federal Trade Commission Act.
  e. Celler-Kefauver Act.

[parker125]

Answer to Question 1

e

Answer to Question 2

e

[bobbie]

Great answer, keep it coming

[lkanara2]

Thanks for the timely response, appreciate it