With the invention of banking, one important aspect of money was that:
A) individuals have no discretion over the money supply.
B) government lost all control over the money supply.
C) banks have some discretion over the money supply.
D) banks have full control over the money supply.
E) money was out of control.
Correct Answer:
Verified
Q58: One point virtually all economists agree on
Q60: When two forms of money are available,
Q61: A bank receives a demand deposit of
Q62: A bank's actual reserves can be calculated
Q65: When is a particular bank in a
Q66: If you go into a bank which
Q67: Which of the following is false?
A)While banks
Q85: Demand deposits are:
A)assets of banks, liabilities of
Q95: Loans are:
A)assets of banks, liabilities of borrowers.
B)liabilities
Q225: Which of the following is true?
A)Checking account
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