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Fiat money is money the government says is money.

gorgeous

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Fiat money is money the government says is money.

Question 1.

If all banks are loaned up and so will not make further loans, a $1,000 deposit creates $1,000 in new money.

▸ true

▸ false

Question 2.

Fiat money is money the government says is money.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 65 times

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swolfe15

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More solutions for this book are available here

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gorgeous Author

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5 years ago

Appreciate the effort, thank you!

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