ekiyarra
ekiyarra ekiyarra
  • 14-09-2021
  • Law
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Why do banks practice fractional reserve banking?

Why do banks practice fractional reserve banking class=

Respuesta :

hekimakandolo12
hekimakandolo12 hekimakandolo12
  • 14-09-2021

Answer:

Fractional reserve banking has pros and cons. It permits banks to use funds (the bulk of deposits) that would be otherwise unused to generate returns in the form of interest rates on loans—and to make more money available to grow the economy

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