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22-03-2019
Business

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Banks are able to create money only when

a. interest rates are above 2%.

b. the fed sells u.s. government bonds.

c. the reserve ratio is 100%.

d. only a fraction of deposits are held in reserve.

Respuesta :

Аноним Аноним

22-03-2019

D- Only a fraction of deposits are held in reserve. This is the right and correct answer.

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