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Business, 13.03.2020 22:13 griffislandon74

In a fractional reserve banking system: a. bank panics cannot occur. b. the Federal Reserve has no control over the amount of money in circulation. c. banks can create money through the lending process. d. the monetary system must be backed by gold.

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In a fractional reserve banking system: a. bank panics cannot occur. b. the Federal Reserve has no c...
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