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    Principles of Macroeconomics Study Set 8
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    Exam 16: The Monetary System: Banks and the Money Supply
  5. Question
    In a System of 100-Percent-Reserve Banking
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In a System of 100-Percent-Reserve Banking

Question 43

Question 43

Multiple Choice

In a system of 100-percent-reserve banking,


A) banks do not accept deposits.
B) banks do not influence the supply of money.
C) loans are the only asset item for banks.
D) All of the above are correct.

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