« previous next »

Author Question: Fractional reserve banking takes its name from the fact that: a. banks hold only a fraction of ... (Read 144 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 30, 2018
Fractional reserve banking takes its name from the fact that:
 a. banks hold only a fraction of their reserves at the bank itself.
  b. banks keep only a fraction of total deposits on reserve.
 c. banks reserve only a fraction of their activity for lending.
  d. all of the above

Question 2

The interest rate represents the opportunity cost of holding non-monetary assets.
 a. True
  b. False
  Indicate whether the statement is true or false


stallen

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
Reply #2 on: Jun 30, 2018
Correct answers!


stallen

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
The shoulder (or upright) hold. The shoulder (or upright) hold.
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
Effleurage to the foot bottom using the fist. Hold the dorsal surface of the foot with one hand ... Effleurage to the foot bottom using the fist. Hold the dorsal surface of the foot with one hand ...
Control you knife with one hand and hold the item being cut with the other (3 of 3) Control you knife with one hand and hold the item being cut with the other (3 of 3)
Main body cavities that hold human organs Main body cavities that hold human organs
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library