The Principle of Fractional Reserve Banking Makes It Possible for a

question 20

Multiple Choice

The principle of fractional reserve banking makes it possible for a

• A) bank to make loans.
• B) bank to print currency.
• C) bank to avoid reserve requirements.
• D) bank to sell securities.

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A person who is intolerantly or unreasonably attached to a belief, opinion, or faction, especially one who exhibits intolerance toward those of differing beliefs.

Confirmation Bias

An inclination towards seeking, understanding, favoring, and remembering information that affirms one’s pre-held beliefs or hypotheses.

Business Degree

An academic qualification awarded after completing a course of study in business or management sciences.

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A career that is highly respected and admired, often because it requires a high level of education, skill, or experience.