Why is a fractional reserve banking system necessary? ECONOMICS a. to enable banks to loan out money to make a profit b. to prov

Question

Why is a fractional reserve banking system necessary? ECONOMICS
a. to enable banks to loan out money to make a profit
b. to provide the regulation of the global economy
c. to enable the government to charge lower taxes
d. to prevent the money supply from growing too quickly

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Ariana 6 days 2021-10-14T00:15:53+00:00 1 Answer 0

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    2021-10-14T00:17:30+00:00

    Answer:

    a. to enable banks to loan out money to make a profit

    Step-by-step explanation:

    A P E X

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