« previous next »

Author Question: Banks do not create money when they make loans. a. True b. False Indicate whether the statement ... (Read 159 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: Jun 30, 2018
Banks do not create money when they make loans.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The money supply will not increase if you deposit 100 given to you on your birthday in your bank account, and the bank holds all 100 of that money as excess reserves.
 a. True
  b. False
  Indicate whether the statement is true or false


cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Joseph Banks Joseph Banks
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Circular friction to the broad iliotibial band. The heel of the hand is used to create friction ... Circular friction to the broad iliotibial band. The heel of the hand is used to create friction ...
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
calculate the quantities required to make 5 lb of hydrophilic ointment: calculate the quantities required to make 5 lb of hydrophilic ointment:
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library