miguegen5032 miguegen5032
  • 11-11-2021
  • Business
contestada

which statement best illustrates the history of the fractional banking system?

Respuesta :

zoeag zoeag
  • 13-11-2021

Answer:

A goldsmith accepts deposits of gold and issues paper receipts in excess of the amount of gold held; reserves are a fraction of the money supply.

Explanation:

Answer Link

Otras preguntas

Select the correct graph and function. Every day there are two low and two high tides of the ocean. At the cove near Ashley's house, she observed that the high
Which of the following are legacies? 1) your great-grandmother's pearl necklace 2) a strong work ethic 3) a picture of a cat 4) a cat named after your grandfa
From superficial to deep, which is the order of the tunics of the eyeball?
I confused on this question
how does a location affect how an earthquake does damage??
Where are the x intercepts of the graphed function
One way mentioned by cherlin in which asian culture differs from american culture pertains to
What is the true solution to the equation below? ln e^lnx^2=2 ln 8? A.x=2. B.x=4. C.x=8. D.x=64
solve for x in |5x -2| > 5
I don’t know this one