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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 55
Circle the letter that corresponds to the best answer. Money is created when someone ____________.
A) takes out a bank loan
B) pays back a bank loan
C) spends money
D) saves money
A) takes out a bank loan
B) pays back a bank loan
C) spends money
D) saves money
Explanation
Verified
Verified
Money is created when banks make loans. ...
Macroeconomics 11th Edition by Stephen Slavin
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