Cinco5mac Cinco5mac
  • 22-05-2020
  • Business
contestada

How is money created? Why is it often said that money is created out of thin air?

Respuesta :

thomasmonica940
thomasmonica940 thomasmonica940
  • 22-05-2020

Answer:

Most of the money in our economy is created by banks, in the form of bank deposits – the numbers that appear in your account.

Explanation:

Money is what it is

Answer Link

Otras preguntas

In the cost formula (Y = a + bX) that is used to estimate the total manufacturing overhead cost for a given period, the letter "a" refers to the estimated
Compare how magnetic forces act through non-magnetic materials andmagnetic materials:​
12) 6 cm Find the circumference of the circle in terms of it. 671 cm 9 cm 1211 cm 3671 cm
evaluate log base 12 of y^2, given log base 12=16
Utilitarianism does not require which of the following actions when a person considers how to resolve an ethical dilemma? A) Identification of the potential pro
NEED HELP FINDING PARENT FUNCTION EQUATION WITH TRANSLATION
What is the vertex of the function 7x^2 -28x-60? A. (2,-88) B. (3,56) C. (2,88) D. (3,-56)
(Apex) Which best describes how fossil fuels form? A. Farms are used to produce natural gas. B. Natural gas is burned to form coal and oil. C. Sunlight convert
The demand d for a companys product cost x is predicted by the function d(x) = 500-2x. The price p in dollars that the company can charge for the product is giv
The solubility of nitrogen gas in water at 25 °C and a nitrogen pressure of 1.0 atm is 6.9 × 10-4 M. The solubility of nitrogen in water at a nitrogen pressure