OpenStudy (anonymous):

When a bank keeps $12 from a $100 deposit as legal reserves, it is using a. the Federal Reserve System. c. a legal reserve system. b. a fractional reserve system. d. a fractional deposit system. The Fed has defined different categories of money, M1 and M2, according to the money's a. source. c. form. b. function. d. value. The real rate of interest:

3 years ago
OpenStudy (anonymous):

1.c? 2.d?

3 years ago
OpenStudy (anonymous):

For question number 2 the answer is form or type of the money I believe, so letter C.

3 years ago
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