A fractional reserve banking system:

A. prevents the Federal Reserve from influencing the money supply.
B. prevents money creation through the lending process.
C. only tends to exist in developing economies.
D. is susceptible to bank panics.


Answer: D

Economics

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Behavioral economics helps explain why customers ________ at J.C. Penney

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Except for recessions, the duration of unemployment for the typical person lasts

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Economics