Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Unit 1 Quiz
What do we call the study of the ways in which money is created and used in society?
O A
global trade
O B. bartering
OC. monopolies
OD.
economics
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CMO
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31
Expert Solution

Step 1
Money creation means increase in money supply. Bank deposit is the common form that increase money supply in the economy.
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