Which of the following is characteristic of fractional, Financial Management

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Which of the following is characteristic of fractional

Which of the following is characteristic of fractional reserve banking?

A. Restricting the access of depositors to money in their passbook savings accounts.

B. Maintaining sufficient bank reserves to cover all outstanding loans.

C. Making only long-term loans to both consumers and businesses.

D. None of the above.

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Financial Management: Which of the following is characteristic of fractional

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