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What is the term that describes a form of money that has intrinsic value?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
Which of these were characteristics of the American economy of the 1950s?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
What was the purpose of establishing the Federal Reserve Bank?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
What risk do investors take on when they invest or loan money to new businesses?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
What characteristic is common to money throughout history?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
Which term describes the extra fee paid in return for borrowing a sum of money—excluding a loan origination fee?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
What was one economic result of the terrorist attacks of 2001?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
Which term describes getting a sum of money for a specific purpose that is repaid over time?
Commodity
Borrowing
Credit
It has been relatively easy to trade, transport, save, and invest
They will fail in their business
Crisis of confidence in financial system
Steady growth and increased production
To make funds available to banks when cash reserves were low
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