Ayushi Asked a Question
July 2, 2020 11:45 pmpts 30 pts
60. Under a fractional reserve banking syatem , bankS are required to (1 Keep part of their demand deposits as reserves (2) Expand morney supply when requested by the Central Bank (3) (4) None of the above Keep the volume of credit conatant () (3) 14) 61. The classical economists argned that involuntary unemployment would e ellminated by: (1) Increaie in aggregate spending (2) (3) Sclf correcting market forces (4) Reduction in corporate income tax Increasc in supply of money PLEASE TELL ME THESE QUESTIONS.
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  • Harini thankyou
    60. the correct option is a. fractional banking system is the popular method of banking followed all over the world. under which the banks collect loans and give credits to the b...
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