A fractional reserve system means a commercial bank can lend out most of its deposits

a. true
b. false

Ans: a. true

Economics

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Economics

We associate the term debt finance with

a. the bond market, and we associate the term equity finance with the stock market. b. the stock market, and we associate the term equity finance with the bond market. c. financial intermediaries, and we associate the term equity finance with financial markets. d. financial markets, and we associate the term equity finance with financial intermediaries.

Economics