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MMLU-Pro / 7162 / Having a fractional reserve banking system means that

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Having a fractional reserve banking system means that

category

economics

options

  1. the central bank holds a certain fraction of the bank's deposits on reserve at all times
  2. a bank cannot lend out all of its deposits
  3. the bank must hold a certain percentage of its deposits in reserve at all times
  4. the central bank holds a certain fraction of GDP on reserve at all times
  5. the central bank reserves the right to set the interest rate on any loan at any time.
  6. a bank can lend out all of its deposits but must maintain a certain level of reserves
  7. all loans must be backed by an equivalent amount of reserves
  8. no single loan can be larger than 20 percent of the bank’s holdings
  9. a bank can only lend out a fixed percentage of its deposits
  10. the central bank reserves the right to audit any bank at any time

src

ori_mmlu-high_school_macroeconomics

Discussion

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Source and history

upstream_id / Original problem ID
7162
task_id
bbd1635d-8f51-5f8b-a70d-5197e6e1edf8
task_key
default--test--7162
task_revision_id
1
config / split
default / test

Official source

initial import