Which of the following would not make a good currency?
A) Platinum
B) Flowers
C) Cigarettes
D) Paper money
Correct Answer:
Verified
Q27: We know how many dollars banks create
Q28: If the reserve ratio was 100 percent,
Q29: The ratio of money created by the
Q30: A larger money multiplier means:
A) the reserve
Q31: The money multiplier is approximated as being
Q33: In the United States, the dollar was
Q34: Funds held in bank accounts that can
Q35: Banks create money in the economy by:
A)
Q36: Under fractional reserve banking:
A) banks only need
Q37: What is a major danger of fiat
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