Most money in the US is created when new loans are made

a. true
b. false

Ans: a. true

Economics

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To achieve the efficient amount of use of a common resource, the use should be such that ________ equals ________

A) marginal social cost; marginal private cost B) marginal social cost; marginal social benefit C) marginal social benefit; marginal private cost D) marginal private cost; marginal private benefit

Economics

Banks acquire the funds that they use to purchase income-earning assets from such sources as

A) cash items in the process of collection. B) savings accounts. C) reserves. D) deposits at other banks.

Economics