Goldsmiths who issued receipts for the customer deposits of gold or silver coins were probably the originators of

A) money.
B) paper money.
C) seignorage.
D) Federal Reserve notes.

B

Economics

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Eminent domain

A) is used only in the United States. B) is legal only in market economies. C) is authorized only in member-nations of the United Nations. D) is used by virtually all governments.

Economics

Discount rate policy is ________ tool of the Fed in its attempts to influence ________, and thus the money supply

A) an unnecessary, the reserve-holding ratio B) an unnecessary, high-powered money C) a necessary, the reserve-holding ratio D) a necessary, high-powered money

Economics