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Author Question: Fractional reserve banking takes its name from the fact that: a. banks hold only a fraction of ... (Read 171 times)

berenicecastro

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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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


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berenicecastro

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Reply #2 on: Jun 30, 2018
Correct answers!


stallen

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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