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Author Question: Capital conversion is the process by which: a) investment is made in banks. b) regulations are ... (Read 44 times)

maychende

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on: Jul 10, 2018
Capital conversion is the process by which:
 
  a) investment is made in banks.
  b) regulations are instituted in the economy.
  c) nonmonetary resources are changed into items that can be bought and sold.
  d) currency exchange rates are determined.

Question 2

How does debt money actually become worth something?
 
  a) By being converted into new types of debt
  b) Through government decree
  c) In situations in which debt money is backed by gold
  d) By being converted into something of value


lindahyatt42

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Reply #1 on: Jul 10, 2018
Answer to Question 1

ANS: C

Answer to Question 2

ANS: D


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