asked 15.6k views
24 votes
Fractional reserve banking is useful for banks because it:

O A. allows the value of loans to exceed the value of cash reserves.
OB. combines the services of both commercial and retail banks.
OC. divides large accounts into smaller ones that are easier to
manage.
OD. pressures customers to accept higher interest rates on loans.

1 Answer

7 votes
I think the Answer is A
answered
User Kitensei
by
8.3k points
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