23-10-2019
Business

contestada

Should banks have to hold 100% of their deposits? Why or why not?

Respuesta :

fernandoalonsoc fernandoalonsoc

14-11-2019

Answer:

No, they dont have to hold the 100%.

Explanation:

Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.

Answer Link

Otras preguntas

Which type of radioactive decay does not produce any particles? a. beta decay c. gamma decay b. alpha decay d. electron decay

8 friends share 3 cookies, what fraction of the cookie does each friend get?

Sarah’s horse ran the race in 3/4 of the time that Jackson’s horse ran the race. Jackson’s horse finished the race in 54 1/2 seconds. Which statement is true a

the total rainfall in forks , washington, october was 8 3/8 in. in september ,60% less rainfall fell in October how much rain fell in spetember in forks, washi

what is the unit rate for 64 ounces in 8 cups

Math please show work along with answer please

During 2002, the average person ate 220.8 pounds of meat. How much meat does a family of 3 people eat in year? 662.4 pounds 331.2 pounds 217.8 pounds 62.9 pound

Explain why you should record a 1 in the tens column when you regroup in an addition problem

What resulted in the formation of the Republican Party?

Through which microscope were cells first observed?