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.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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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.
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