trav99 trav99
  • 23-10-2019
  • Business
contestada

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

Respuesta :

fernandoalonsoc
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

Use the following functions to evaluate the composition of functions below
The line passes through (-9, 10) and (-4,-5).
Which of the following structures is present in a eukaryotic cell but not in a prokaryotic cell? A. nucleus B. cell membrane C. DNA D. None of these.
Explain Newtown 3rd law. gur-krcz-siq​
11. How great is the air resistance that acts on a 126 N sack that falls at constant velocity?​
Complete the questions by the text
Write equation (2,9) slope -3
Which expression is equivalent to 3(1+5)
whoever answers correctly gets 45 points
Which definition best defines the word bipartisan? divided into two equal parts two identical copies two people who rule a kingdom or empire involving two polit