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WebAnswer: D 33) During hyperinflations the value of money rises rapidly. money no longer functions as a good store of value and people may resort to barter transactions on a.
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Webanswer choices. A system that used actual gold coins as a country’s money. A system in which a country’s money is backed with gold. A currency system in which each dollar is.
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WebQ. 25. Define a bank. Ans. Bank is an institution which accepts deposits from the people and gives loans and advances to them. Q. 26. What is a commercial bank? Ans. A.
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Web to hold the money that the government collected in taxes to help the gov't carry out its powers to tax, borrow money in the public interest, and regulate interstate.
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WebFractional reserve system. This banking system allows banks to keep only a portion of their deposits on account. Inverse. The relationship between the size of the money supply and.
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