Business, 25.11.2021 05:30 naomicervero
30 Points.
Why do banks keep some money in reserve rather than loaning out all of their deposits? Check all that apply.
to ensure they have money on hand to loan to wealthy corporations
because they are required to by law
because they have to meet the withdrawal requests made by customers
to ensure that bank runs will take place
to avoid loaning out funds whenever possible
Answers: 2
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Why do banks keep some money in reserve rather than loaning out all of their deposits?...
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