Answer :
Answer:
No, they dont have to hold the 100%.
Explanation:
Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.
Answer:
No, they dont have to hold the 100%.
Explanation:
Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.