The money supply is the amount of money:
A. available in the economy.
B. that banks keep on hand.
C. that banks keep on hand beyond the reserve requirement.
D. available for banks to lend.
A. available in the economy.
Economics
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In July 2010, what was the total value of U.S. currency in circulation?
A) $500 million B) $150 billion C) $1080 billion D) $6 trillion
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Government intervention
a. can provide incentives to conduct business in an illegal black market b. plays no role in generating wealth c. is the best way to eliminate poverty d. does not enforce property rights
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