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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 13: Money and the Financial System
  5. Question
    An Important Function of Commercial Banks Is to _____
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An Important Function of Commercial Banks Is to _____

Question 53

Question 53

Multiple Choice

An important function of commercial banks is to _____.


A) print new currency
B) issue fiat money
C) mint coins
D) redeem currency for precious metals
E) make loans

Correct Answer:

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