If All Banks Are Loaned Up and So Will Not

question 322

True/False

If all banks are loaned up and so will not make further loans, a $1,000 deposit creates $1,000 in new money.

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Definitions:

Dispute

A disagreement or argument, typically one that is prolonged, public, and heated.

Distinctiveness

The quality of being clearly different or unique in comparison to other entities or objects.

Consistency

The quality of always behaving or performing in a similar way, maintaining the same standards over time.

Consensus

General agreement among a group or the process of reaching such agreement, typically through discussion and negotiation.