Money doesn't have to have any inherent value to function as a medium of exchange.
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Q9: What allows a Federal Reserve note to
Q10: If the reserve ratio is 0.10, the
Q11: In the real world, policy makers apply
Q12: Cash is an example of a liquid
Q13: The U.S. dollar bills you sometimes have
Q15: When a bank creates loans, it also
Q16: The financial sector makes the real sector
Q17: A financial asset is liquid:
A)if it can
Q18: Holding money for the speculative motive is
Q19: The financial sector channels savings back into
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