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Author Question: Can bankers create money? a. No, they do not have this power. b. No, unless they have a special ... (Read 63 times)

wrbasek0

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on: Jun 30, 2018
Can bankers create money?
 a. No, they do not have this power.
 b. No, unless they have a special charter which permits it.
  c. Yes, through multiple deposit creation.
 d. Yes, by printing checks for customers.

Question 2

Suppose you hold 5,000 in cash when the interest rate on bonds is 4 percent. Other things equal, as the bond interest rate declines to 3 percent, you will want to hold more money because the opportunity cost of holding money has decreased.
 a. True
  b. False
  Indicate whether the statement is true or false


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ju

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


wrbasek0

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Reply 2 on: Jun 30, 2018
:D TYSM

robbielu01

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Reply 3 on: Yesterday
Excellent

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