100-percent-reserve banking

From CNM Wiki
Revision as of 18:13, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "100-percent-reserve banking is a system in which banks keep all deposits on reserve. (Cf. fractionalreserve banking.) ==Definition== According to Macroeconomics by Mank...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

100-percent-reserve banking is a system in which banks keep all deposits on reserve. (Cf. fractionalreserve banking.)

Definition

According to Macroeconomics by Mankiw (7th edition),

100-percent-reserve banking. A system in which banks keep all deposits on reserve. (Cf. fractionalreserve banking.)
Retrieved from "https://pravka.bskol.com/w/index.php?title=100-percent-reserve_banking&oldid=50363"