About how many commercial banks are operating in the United States?
A) 8,000
B) 9,000
C) 10,000
D) Over 15,000
Correct Answer:
Verified
Q126: Which one of the following is in
Q127: The value of money varies
A)inversely with the
Q128: Money is NOT
A)a medium of exchange.
B)a standard
Q129: Which of the following is an advantage
Q130: Which is the most accurate statement?
A)The savings
Q132: Statement I: Welfare banks are check-cashing outlets.
Statement
Q133: In a fractional reserve banking system
A)commercial banks
Q134: Precautionary cash balances
A)are invested in insurance policies
Q135: A financial intermediary is
A)a firm that specializes
Q136: A main function of money is to
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