The Fractional Reserve System of Banking Started When Goldsmiths Began

question 154

Multiple Choice

The fractional reserve system of banking started when goldsmiths began

• A) accepting deposits of gold for safe storage.
• B) charging people who deposited their gold.
• C) using deposited gold to produce products for sale to others.
• D) issuing paper receipts in excess of the amount of gold held.

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Definitions:

Drug Therapies

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Depression

A psychological disorder featuring a constant state of depression or a diminished interest in activities, leading to substantial difficulties in daily operations.

Suicide Risk

The likelihood that an individual will attempt to take their own life, often assessed in clinical settings to prevent self-harm.

Electroconvulsive Therapy

A medical treatment involving small electric currents passed through the brain, intentionally triggering a brief seizure to treat certain mental disorders.