Banks create money by:
A) granting new loans.
B) printing currency.
C) collecting bad debts.
D) earning profits.
Correct Answer:
Verified
Q30: The Canadian Payments Association coordinates:
A) clearing of
Q31: Which one do you think is an
Q32: Which of the following is the most
Q33: Bank profits come from:
A) rental income on
Q34: A recent development in the financial services
Q36: Fractional reserve banking mans:
A) banks hold cash
Q37: In a fractional-reserve banking system, the reserves/deposits
Q38: If the reserve/deposit ratio (rr) is 0.2
Q39: Banks create money, when banks:
A) extend loans
Q40: The currency ratio (cr) is:
A) the ratio
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