Banks in the United States O are a critical intermediary between the borrower and saver. O allow people and businesses to store money in checking or savings accounts. allow people to withdraw money as needed via direct withdrawal, check, or debit card. O All of the above.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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I’m very confused on all three please help!:)
21 of 25
Banks in the United States
O are a critical intermediary between the borrower and saver.
O allow people and businesses to store money in checking or savings accounts.
O allow people
withdraw money as needed via direct withdrawal, check, or debit card.
O All of the above.
22 of 25
Who wrote, "The first and most important lesson that history teaches about what monetary policy can do-and it is a lesson of the most profound importance-is that monetary policy can prevent money itself from being a major source of economic
disturbance"?
O John Maynard Keynes
O Milton Freidman
O Adam Smith
O Thomas Jefferson
23 of 25
Why were cowrie shells considered a good form of money for centuries?
O They are durable.
O They are divisible.
O They are hard to counterfeit.
O All of the above.
Transcribed Image Text:21 of 25 Banks in the United States O are a critical intermediary between the borrower and saver. O allow people and businesses to store money in checking or savings accounts. O allow people withdraw money as needed via direct withdrawal, check, or debit card. O All of the above. 22 of 25 Who wrote, "The first and most important lesson that history teaches about what monetary policy can do-and it is a lesson of the most profound importance-is that monetary policy can prevent money itself from being a major source of economic disturbance"? O John Maynard Keynes O Milton Freidman O Adam Smith O Thomas Jefferson 23 of 25 Why were cowrie shells considered a good form of money for centuries? O They are durable. O They are divisible. O They are hard to counterfeit. O All of the above.
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