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amm1812
3 years ago
10

Banks can create an unlimited amount of money. True or false, and why?

Business
1 answer:
Eduardwww [97]3 years ago
4 0
Could be true. Banks use the stored money to invest, and if they make the right investments, theoretically they can have excess in money, investing more with the excess, and this keeps happening.
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What information should be included in a 60 second interview commercial?
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3 years ago
Mia, an administrative assistant in the business division of a university, is assigned the responsibility of serving the needs o
Anika [276]

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4 years ago
What is the major concern and emphasis in modern financial management?
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3 years ago
An uninterruptible power system used in a small production facility at Acme Manufacturing has a basis of $56,000 and is expected
Fed [463]

Answer:

The depreciation rate per hour is 0.402

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7 0
3 years ago
Last year Builtrite had retained earnings of $140,000. This year, Builtrite had true net profits after taxes of $65,000 which in
Butoxors [25]

Answer: $160,000

 

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thus,

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4 0
3 years ago
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