Banking under a fractional reserve system is inherently risky, but

a. safe if banks are allowed to make profits.
b. regulation removes all danger of failures.
c. is always safely done with modern management.
d. is made safer with cautious and prudent management.

d

Economics

You might also like to view...

If a tariff on beef were implemented, which of the following would rise?

a. exports and net exports b. exports but not net exports c. net exports but not exports d. neither exports nor net exports

Economics

Table 9.1Disposable IncomeTotal Consumption(Billions of dollars per year)(Billions of dollars per year)$0$50200210Which of the following represents the consumption function consistent with the data in Table 9.1? 

A. C = $160 billion + 0.91YD. B. C = $50 billion + 0.80YD. C. C = $50 billion + 0.76YD. D. C = $160 billion + 0.80YD.

Economics