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    Economics Study Set 8
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    Exam 28: The Financial Sector and the Economy
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    A Story Often Told About the Emergence of Banks Is
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A Story Often Told About the Emergence of Banks Is

Question 85

Question 85

Essay

A story often told about the emergence of banks is that banks first emerged from the activities of goldsmiths,who stored gold for a fee.Briefly describe this story.

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Before banks existed,money consisted of ...

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