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    Principles of Macroeconomics
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    Exam 9: The Nature and Creation of Money
  5. Question
    Banks Play Two Primary Roles in the Economy: They Take
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Banks Play Two Primary Roles in the Economy: They Take

Question 166

Question 166

True/False

Banks play two primary roles in the economy: They take in deposits and lend them to borrowers, and they facilitate purchases of goods and services by allowing people to write checks against their deposits.

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