A) Granting and repaying bank loans do not affect the money supply. B) Both the granting and repaying of bank loans expand the aggregate money supply.
C) Granting a bank loan destroys money; repaying a bank loan creates money.
D) Granting a bank loan creates money; repaying a bank loan destroys money.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A) Granting and repaying bank loans do not affect the money supply. B) Both the granting and repaying of bank loans expand the aggregate ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Define the word profit for business A) quality care B) structure for wealth C) Commercial activity D) Money left after costs are paid
Answers (1)
Maymart Inc sells its products at the lowest prices in the industry, and it believes that this is the best way to stay ahead of its competition.
Answers (1)
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $111,188 Fringe benefits 27,852 Overhead 47,388 The desired profit margin per hour is $24.34. The material loading charge is 60% of invoice cost.
Answers (1)
Prepare the cost of goods sold section of the income statement at December 31, 2017, for each company in Merchandising Business and Manufacturing Business. Shown here are annual financial data at December 31, 2017, taken from two different companies.
Answers (1)
Suppose the nominal annual interest rate on a two year loan is 8 percent and lenders expect inflation to be 5 percent in each of the two years. the annual real rate of interest is
Answers (1)
New Questions in Business
Montgomery Equipment Rental Company received​ $1,000 cash from a​ customer; the amount was owed to the business from the previous month. What is the effect of this transaction on the accounting​ equation? A.
Answers (1)
What two variables determine total revenue?
Answers (1)
Which of these statements is true? Inflation means our money has more purchasing power. Inflation happens when there is not enough money. Inflation is due to low production costs. Inflation is problematic if unexpected.
Answers (1)
In a perfectly competitive industry the market price is$12. A firm is currently producing 50 units of output; average total cost is $10, marginal cost is $15, and average variable cost is $7.
Answers (1)
In 2012, the imaginary nation of Kanmiw had a population of 8,044 and real GDP of 36,198,000. In 2013 it had a population of 7,800 and real GDP of 35,880,000. What was the growth rate of real GDP per person in Kanmiw between 2012 and 2013?
Answers (1)