An important effect of fractional reserve banking is that bankers have
a. little control over total reserves.
b. total control over the amount of lending in the economy.
c. no control over the amount of reserves in the banking system.
d. some discretion over the money supply.
d
Economics
You might also like to view...
A premium death spiral occurs when healthy people leave an insurance pool, which causes premiums to increase, and that causes more people to leave the pool, which results in even higher premiums
Indicate whether the statement is true or false
Economics
If we compare the United States to France, the U.S. tax wedge is ________ the French tax wedge
A) smaller in the labor market and larger in the goods market than B) equal to C) not comparable to D) larger than E) smaller than
Economics