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sgy_89 sgy_89
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7 years ago
Banks "create" money when
A) they make a loan and the borrower receives a checkable account balance.
B) the borrower pays interest on his or her loan.
C) they make a loan and the borrower receives new currency printed by the bank.
D) None of the above
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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