Money deposited into a commercial bank has the potential of increasing the overall money supply

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: The interest created by loans increases the money supply.

Business

You might also like to view...

The underwriter is the company offering the insurance protection and ensuring the protection in the event of the loss.?

Indicate whether the statement is true or false

Business

What does it mean for a corporation to be taxed twice?

A) The customers pay taxes on the products and services they purchase and then the corporation pays taxes on its profits. B) The corporation pays taxes on its profits and then is also taxed on the dividends it sends to its shareholders. C) The shareholders pay taxes on the products and services they sell and then the customers pay taxes on the dividends they receive. D) The corporation pays taxes on its profits and the shareholders pay taxes on the dividends they receive. E) The shareholders split the taxes on the profits among them and also pay taxes on the dividends they receive.

Business

The null hypothesis ________

A) describes an existing theory or belief that is accepted as correct in the presence of contradictory data B) describes an existing theory or belief that is accepted as correct in the absence of contradictory data C) is based on new information provided by sample data D) is based on new information provided by population data

Business

The production activities for a customized product represent a(n):

A) Operation. B) Job. C) Unit. D) Pool. E) Process.

Business