When a bank says their savings account earns 1% interest, that typically mean you will earn 1% interest over what period of time interest over what period of time (Note: this is not referring to the compoundi
frequency of interest payment)?

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.