Which of the following best describes how banks create money?
A) Banks charge higher interest rates on loans than they pay on deposits.
B) Banks charge fees for providing financial advice.
C) Banks make loans from reserves.
D) Banks create checking account deposits when making loans from excess reserves.
D
Economics
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Use the above figure. The profit-maximizing output and price is
A) 600 and $16, respectively. B) 600 and $10, respectively. C) 600 and $8, respectively. D) 800 and $10, respectively.
Economics
Under a marketable permit system, if the government reduces the quantity of permits, the price of each permit will increase
a. True b. False Indicate whether the statement is true or false
Economics