27. The bank practice of lending money and therefore holding less cash that what is owed its depositors is called Group of answer choices a. Cash flow banking. b. Creative banking. c. Deposit ratio banking. d. Federal Reserve banking. e. Fractional-reserve banking.
27. The bank practice of lending money and therefore holding less cash that what is owed its depositors is called Group of answer choices a. Cash flow banking. b. Creative banking. c. Deposit ratio banking. d. Federal Reserve banking. e. Fractional-reserve banking.
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
Related questions
Question
27. The bank practice of lending money and therefore holding less cash that what is owed its depositors is called
Group of answer choices
a. Cash flow banking.
b. Creative banking.
c. Deposit ratio banking.
d. Federal Reserve banking.
e. Fractional-reserve banking.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning