Any Bank That Uses Deposits to Make Loans

question 155

Multiple Choice

Any bank that uses deposits to make loans

• A)operates on a 100 percent reserve system
• B)operates on a fractional reserve system
• C)does not operate on a reserve system
• D)does not keep reserves
• E)charges an interest rate determined by the reserve ratio

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Definitions:

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People originating from or residing in North America, including countries such as the United States and Canada.

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Relating to Japan, its people, language, or culture. Japanese is a nationality, a language, and is also used to describe aspects relevant to Japan.

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The branch of anthropology focused on the study of ancient humans and their relatives through fossils and other physical remains.