Banks create money by ______.
a. investing in stocks
b. paying interest
c. charging interest
d. making loans
d. making loans
Economics
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"Income elasticity of demand is always positive." Do you agree or disagree? Explain
What will be an ideal response?
Economics
A change in economic output is ________ if the value of the resulting gains exceeds the value of the resulting losses.
A. always inefficient B. irrelevant C. always efficient D. potentially efficient
Economics