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Author Question: Banks are legally required to hold a percentage of all deposits as reserves. (Read 116 times)

Medesa

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Question 1

Since they must lend money to make money, all banks are necessarily insolvent.


◦ true
◦ false

Question 2

Banks are legally required to hold a percentage of all deposits as reserves.


◦ true
◦ false


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Marked as best answer by Medesa on Apr 19, 2019

amy.lauersdorf90

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Medesa

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Reply 2 on: Apr 19, 2019
Excellent


TheDev123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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