$2024$ Fall Prin Macroeconomics

Question $17-$ Final Exam $-$ Con

Final Exam

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$17$

In a fractional reserve banking system, the portion of checkable deposits that are backed by reserves are

$2$ point

$802$:$12$:$03$

Multiple Choice

stored on$-$site in the vaults of commercial bank and thrifts.

kept as reserve balances on deposit at the central bank.

both A and B $.$

neither A nor B $.$

Mic

craw

AHil

$36\%$

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