Money is created:
A) when the U.S. gold supply is increased.
B) only when the U.S. Treasury prints more money.
C) only when the U.S. Secretary of the Treasury decides to do so.
D) when commercial banks and other financial depository institutions make loans.
Correct Answer:
Verified
Q63: A major problem with a paper monetary
Q64: Which of the following statements about U.S.
Q65: Over its history, the U.S. economy:
A) was
Q66: Which of the following statements is FALSE?
A)
Q67: Financial depository institutions can:
A) make loans.
B) create
Q69: Financial depository institutions create money when they:
A)
Q70: Money is created when someone:
A) takes a
Q71: In the U.S., the ability to create
Q72: The financial depository institution that holds and
Q73: Commercial banks:
A) make loans to businesses and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents