What is the major difference between full-reserve banking and fractional-reserve banking?
(1 point)
Fractional-reserve banks only hold a portion of all deposits made while full-
reserved banking hold 100% of every depositor's funds on hand.
Fractional-reserve banks provide smaller loans compared to full-reserve
banks.
Full-reserve banks only hold a portion of all deposits made while fractional-
reserved banking hold 100% of every depositor's funds on hand.
Fractional-reserve banks borrow and store funds from lenders while full-
reserve banks deal with corporations.