Bundle: Essentials Of Economics, Loose-leaf Version, 8th + Lms Integrated Mindtap Economics, 1 Term (6 Months) Printed Access Card
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Chapter 21, Problem 3QR
To determine

Demand deposits and why they are included in stock of money.

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What is commodity money? What is fiat money?Which kind do we use?
What is a bank? What are its functions in our economy?
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