In our modern financial system, money is created
A) only by central banks.
B) only by the banking system.
C) by central banks and the banking system.
D) only by federal governments.
C
Economics
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Refer to Table 2.4. Increasing the tanks of fertilizer from 3 to 4 will increase the truckloads of potatoes by
A) 152. B) 35. C) 17. D) 11.
Economics
Monopolistic firms do not have supply curves because
A) monopolists get to choose their price-quantity combination along the demand curve. B) monopolists face a given market price. C) their marginal costs cannot be calculated. D) they are not constrained by the marginal costs of production. E) their output is a fixed quantity.
Economics