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    Economics Study Set 8
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    Exam 28: The Financial Sector and the Economy
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    When the Fed Prints and Issues Bills, It Creates
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When the Fed Prints and Issues Bills, It Creates

Question 28

Question 28

Multiple Choice

When the Fed prints and issues bills, it creates:


A) a financial liability for the holder of the IOU.
B) a financial asset for itself.
C) a real asset.
D) money.

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