Author Question: Banks do not create money when they make loans. a. True b. False Indicate whether the statement ... (Read 168 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
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
Answer to Question 1

False

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library