1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sever21 [200]
3 years ago
10

Money is printed by the U.S. Treasury Department and yet economists claim that banks create money. Fully explain how banks creat

e money.
Advanced Placement (AP)
1 answer:
Bingel [31]3 years ago
4 0
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.

I hope this helps you.
You might be interested in
2. Find the solution of each differential equation. (a) y/2y-8y = 0 (b) 25y/- 20y + 4y = 0 (c) y + 2y + 2y = 0 2. Find the solut
jek_recluse [69]

Each of these ODEs is linear and homogeneous with constant coefficients, so we only need to find the roots to their respective characteristic equations.

(a) The characteristic equation for

y'' - 2y' - 8y = 0

is

r^2 - 2r - 8 = (r - 4) (r + 2) = 0

which arises from the ansatz y = e^{rx}.

The characteristic roots are r=4 and r=-2. Then the general solution is

\boxed{y = C_1 e^{4x} + C_2 e^{-2x}}

where C_1,C_2 are arbitrary constants.

(b) The characteristic equation here is

25r^2 - 20r + 4 = (5r - 2)^2 = 0

with a root at r=\frac25 of multiplicity 2. Then the general solution is

\boxed{y = C_1 e^{2/5\,x} + C_2 x e^{2/5\,x}}

(c) The characteristic equation is

r^2 + 2r + 2 = (r + 1)^2 + 1 = 0

with roots at r = -1 \pm i, where i=\sqrt{-1}. Then the general solution is

y = C_1 e^{(-1+i)x} + C_2 e^{(-1-i)x}

Recall Euler's identity,

e^{ix} = \cos(x) + i \sin(x)

Then we can rewrite the solution as

y = C_1 e^{-x} (\cos(x) + i \sin(x)) + C_2 e^{-x} (\cos(x) - i \sin(x))

or even more simply as

\boxed{y = C_1 e^{-x} \cos(x) + C_2 e^{-x} \sin(x)}

3 0
2 years ago
What are four things a new prince should do to maintain hold of his state?
pogonyaev

Answer:

The subjects of a conquered kingdom are not used to living in freedom or standing up for themselves, and are therefore slower to take up arms than are the citizens of a republic. There are three options for the conquering prince: destroy the republic, live there, or set up a puppet government. At the end of the day, Machiavelli seems to favor the first option.

8 0
1 year ago
Just writing down your grades after each test does not count as monitoring progress.
andreyandreev [35.5K]

Answer:

False.

Explanation:

Writing down your grades after each test gives you an accurate and recent set of data to consistently look at and monitor. Whether you progress or degrees, you are still monitoring the data.

4 0
3 years ago
.<br> How can parents support positive personality development in children.?
wel
By keeping them in a healthy mental setting but not being over protective give corporal punishment as necessary
5 0
2 years ago
HELP!! WILL GIVE BRAINLIEST!!
eimsori [14]

Answer:

Lab technician

Explanation:

Chemical used is the main independent variable. Cell growth was the dependent variable or response variable. The cell type and dose are both being tested within the experiment leaving lab technician.

3 0
3 years ago
Read 2 more answers
Other questions:
  • All of the following are examples of a career associate's degree except
    9·2 answers
  • Brainiest To Best Answer: If I got a level 2 on one of my AP exams, does this reduce my chances of getting into a competetive co
    14·1 answer
  • How does the word gang support the author’s purpose in this sentence? It evokes a positive image of teenagers who are part of a
    15·1 answer
  • The geographical region whose center is located along the equator and whose are extends roughly 23 degrees north and south of th
    15·1 answer
  • demonstrate how the ancient tradition on biblical interpretation is at odds with modern day fundamentalism.
    8·2 answers
  • How are the structure and functioning of state legislatures similar to the United States Congress?
    5·1 answer
  • I reallllllyyy need help, it's literally my last question and Im stuck on it.
    6·1 answer
  • According to Maslow, which of the following would not be an example of the behaviors of someone seeking to meet
    12·2 answers
  • If A is the father of B but B is not the son of A .what is the relation between them.​
    12·2 answers
  • 17. Which of the following best supports the claim that organisms of different domains share a common
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!