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QUESTION
bank panics:occur frequently in fractional reserve banking systems B. are a risk of fractional reserve banking, but are unlikely when banks are higly...
bank panics: A.occur frequently in fractional reserve banking systems B. are a risk of fractional reserve banking, but are unlikely when banks are higly regulated and lend prudentlyC. cannot occur in a fractional reserve banking systemD. occyre more frequently when the monetary system is backed by gold.
