Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 25.1, Problem 3RQ
To determine

Explain what the main components of money are.

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What are the main functions of money ?
While the government prints currency, the rest of our money is created by the banks.How do banks create this new money?
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