Fractional reserve banking is a term used to describe a banking system whereby:?

a.individual banks share a fraction of the total funds deposited in the whole banking system.

b.banks are required to quote interest rates in fractions.

c.banks hold reserves equal to only a fraction of their deposit liabilities.

d.banks hold reserves equal to a multiple of their deposit liabilities; that is, fractional in this case really means multiple.

e.banks are required to maintain a certain fraction of their deposits in the form of checkable deposits, a certain fraction of their deposits in the form of savings deposits, etc.

Fractional reserve banking is a term used to describe a banking system whereby:?mortgage rate

e