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Kate Schultz
Social Studies
14 December, 23:11
How does banking affect the money supply?
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Audrina Leach
14 December, 23:19
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Banks are able to alter the money supply such that savings stored in banks have interest rather than simply storing money in piggy banks at home. Banks are also able to loan money to those who need it which also has conditions needed to be met as an exchange. Banks are able to control the supply of money in our economy greatly.
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