Fractional Reserve Banking Refers to a System in Which the Depository

question 365

Multiple Choice

Fractional reserve banking refers to a system in which the depository institution

• A) holds reserves equal to its deposits.
• B) holds reserves greater than its deposits.
• C) holds reserves less than its deposits.
• D) holds zero reserves.

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Definitions:

JOptionPane.showInputDialog()

A method in Java that prompts the user for input in a dialog box.

JOptionPane.PLAIN_MESSAGE

A constant in the JOptionPane class used to display a plain, no-icon message dialog in Java Swing.

System.out.println()

A method in Java that outputs a line of text to the console or standard output stream.

System.out.printf()

A method in Java used for formatted console output, allowing the user to write formatted data to the system's standard output.