ecoagro2896 ecoagro2896
  • 03-01-2020
  • Mathematics
contestada

The fractional reserve banking system depends upon the _________________ of the public.

Respuesta :

farahahmed13 farahahmed13
  • 04-01-2020

Answer:

The fractional reserve banking system depends upon the confidence and trust of the public.

Step-by-step explanation:

The fractional reserve banking means that bank uses the deposits of customers to lend money to the borrowers.

Answer Link

Otras preguntas

Why do many investors choose to make diversification a key element of their investment strategies?
Could I get help on this it’s important!!!
i need help quick! (number 7, NOT 8!)
What is the correct answer.
Add. 7/8 + 5/6 solve step by step and give me a good explanation and then i will mark you brainliest
After , following meiosis 1, each cell has half the original number of chromosomes.
The polygons are similar. Find the value of x.
Compared to last year, the population of boom town has increased by 24%. The population is now 6,600. What was the population last year?
The area of sector NMK is 7.8cm2. Find the radius of circle M.
What’s the definition of Bicameral and what was it used for