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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.
1. The Constitution
2. Yes because if one has too much power it can become a monarchy.
3. I dont know what state you live in
4. Governor and President are similar because they are the head of their own state.
5. I dont know what state you live in
6. Circuit Court, District Court, State supreme court.
Answer:
Communication within the family is extremely important because it enables members to express their needs, wants, and concerns to each other. Open and honest communication creates an atmosphere that allows family members to express their differences as well as love and admiration for one another
Explanation:
Answer:
Yes yes anddddd no XD I can check it out if you want me too tho :)
Explanation:
Have a nice day! <3
