A commercial bank creates money when it does all the following except ______
A. decreases its excess reserves
B. makes loans
C. creates deposits
D. puts cash in its ATMs
D Currency inside of a bank is not money, regardless of whether the currency is in a teller's till or is in an ATM.
Economics
You might also like to view...
Who operates and controls a corporation in its day-to-day activities?
A) employees B) stockholders C) the board of directors D) management
Economics
Assuming that turkey, chicken, pork, and beef are substitutes, suppose that the price of turkey has fallen. This will, other things being equal
A) reduce demand for chicken, pork, and beef. B) leave demand for chicken, pork, and beef unchanged. C) increase demand for chicken, pork, and beef. D) increase quantity demanded of beef.
Economics