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Banks Are Important to the Study of Money and the Economy

Question 30

Multiple Choice
Banks are important to the study of money and the economy because they

Banks are important to the study of money and the economy because they


A) provide a channel for linking those who want to save with those who want to invest.
B) have been a source of financial innovation that is expanding the alternatives available to those wanting to invest their money.
C) are the only financial institution to play a role in determining the quantity of money in the economy.
D) do all of the above.
E) do only A and B of the above.

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