Most of the money in our economy is created by banks, in the form of bank deposits – the numbers that appear in your account. Banks create new money whenever they make loans. 97% of the money in the economy today exists as bank deposits, whilst just 3% is physical cash. This short video explains:
The money that banks create isn’t the paper money that bears the logo of the government-owned Bank of England. It’s the electronic deposit money that flashes up on the screen when you check your balance at an ATM. Right now, this money (bank deposits) makes up over 97% of all the money in the economy. Only 3% of the money is still in that old-fashioned form of cash that you can touch.
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Explanation:
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Answer:
I'm guessing it's a diploma.
Answer:
B
Explanation:
The author concludes the passage by asserting that: “one thing will never change: fathers and mothers, if you have children, they must come first. You must read to your children. And you must hug your children. And you must love your children. Your success as a family, our success as a society, depends not on what happens in the White House, but on what happens inside your house.” In context, therefore, the anecdote about the complaining husband reinforces the importance the author attaches to cherishing “human connections,” particularly those within the immediate family (“what happens inside your house”). In the story, the wife’s remonstrations offer a critique of the general tendency to view childcare as a chore (“babysitting”); instead, the author suggests that caring for “your own kids” should be viewed as an opportunity to make one of “the most important investments you will ever make.”
Answer:
A. seems to be the least induction
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