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Curious about money creation? Our "How Banks And Thrifts Create Money Quiz" is designed to unravel the intricacies of the financial world. In this quiz, you'll explore the mechanisms behind money creation by banks...

Questions: 23  |  Attempts: 554   |  Last updated: Feb 18, 2025
  • Sample Question 1
    The balance sheet of a commercial bank shows the transactions in which the bank has engaged during a given period of time.
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  • Sample Question 2
    Goldsmiths increased the money supply when they accepted deposits of gold and issued paper receipts to the depositors.
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  • Sample Question 3
    Modern banking systems use hold as the basis for the fractional reserve system.
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