Payroll taxes are paid on

Describe three types of gains from trades?

A) trades of exchange rates for goods or services, trades of goods or services for property, and trades of gold for textiles B) trades of goods or services for goods or services, trades of goods or services for assets, and trades of assets for assets C) trades of imports for exports, trades of exports for imports, and trades of natural resources for financial assets D) trades of services for goods, trades of currency for services, and trades of one type of currency for another E) trades of current goods for future services, trades of currency for gold, and trades of one type of currency for another

When banks create money, they

a. increase wealth at a pace equal to the rate of money creation b. destroy wealth at a pace equal to the rate of money creation c. increase wealth at a rate exceeding the rate of money creation d. increase wealth at a rate less than the rate of money creation e. do not create wealth