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

Question 12

Question 12

Multiple Choice

In a system of 100-percent-reserve banking,the purpose of a bank is to


A) make loans to households.
B) influence the money supply.
C) give depositors a safe place to keep their money.
D) buy and sell gold.

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