Which of the following backs the supply of money in the United States?
A) Faith in the market system that the suppliers will provide the goods that are demanded
B) Gold reserves
C) Faith in government
D) Time deposits
E) Savings deposits
Correct Answer:
Verified
Q46: Which of the following generates profits for
Q47: Banks create money by:
A)making loans.
B)offering bonds at
Q48: The ease with which one asset can
Q49: Other things constant, a decrease in credit
Q50: M1 includes:
A)gold.
B)cash, checking account balances, and travelers'
Q52: Which of the following is included in
Q53: M2 includes:
A)M1 plus savings deposits only.
B)M1 plus
Q54: Which of the following is the least
Q55: Which of the following is an asset
Q56: Which of the following is true of
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