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  3. Study Set
    Economics A Contemporary Introduction
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    Exam 14: Money and the Financial System
  5. Question
    Under a Fractional Reserve Banking System,banks May Lend Out a Multiple
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Under a Fractional Reserve Banking System,banks May Lend Out a Multiple

Question 60

Question 60

True/False

Under a fractional reserve banking system,banks may lend out a multiple of their reserves.

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