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.
Correct Answer:
Verified
Q68: Which of the following is included in
Q69: Can bankers create money?
A)No, they do not
Q70: Which of the following observations is true
Q71: The largest asset item for most banks
Q72: The predominant liability item for most banks
Q74: A gold standard is:
A)a measurement of the
Q75: Which of the following is included in
Q76: If individuals will no longer accept a
Q77: Money lowers the transaction cost when:
A)the economy
Q78: Rapid inflation makes holding a large amount
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