Money is a more efficient store of value than wheat, especially when there is not rapid inflation.
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Q3: Money functioning as a medium of exchange
Q4: Financial institutions are not very heavily leveraged,
Q5: People continue to value money because they
Q6: When a person pays a loan back
Q7: A reserve requirement of 10% implies a
Q9: For society, more money means more wealth.
Q10: Reserve requirements exist primarily to prevent bank
Q11: The existence of inflation and other possible
Q12: M1 includes currency, checkable deposits, traveler's checks,
Q13: The larger the fraction of an investment
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