23-10-2019
Business

contestada

Should banks have to hold 100% of their deposits? Why or why not?

Respuesta :

fernandoalonsoc fernandoalonsoc

14-11-2019

Answer:

No, they dont have to hold the 100%.

Explanation:

Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.

Answer Link

Otras preguntas

What is thirty nine dived by 2

Cole bought 10 gallons of gas at the gas station with the lowest price.(the lowest price is $3.57 each gallon.) he paid with $40. How much was his change PLE

paco needs at least 3/8 yard of twine to build a model ship. how much twine could he buy. a 3/10 yard b 1/4 c 3/4 d 1/8 could you explain how to determine plea

two rectangles have an area of 36 square inches. name two possible perimeters for the rectangles

Explain how could you use your table to solve equation 4x+8=14

What type of interest will earn you the most amount on your money? a. feeding b. compound c. ample d.simple What is the amount by which a company or indi

Which of the following has been mentioned by historians as a cause of World War I? militarism of African nations fighting between India and Pakistan nationalism

3. What is the product of 3 2/3 and 14 2/5?

The monarch of England is also the monarch of Australia. This makes her or him its head of state. In Australia, there has been debate on whether the monarch sho

complete the equation for the linear function whose graph contains the point (-1,2) and has a slope of 0.9. y=_____x + ______