If Banks Are Willing to Make Loans and Consumers and Businesses

question 21

True/False

If banks are willing to make loans and consumers and businesses are willing to borrow money,this constrains the money supply.

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Definitions:

Euro

The official currency of the eurozone, represented by the symbol € and used by 19 of the 27 European Union countries.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to the smallest possible numbers.

Express

Refers to a service or method that is designed to be faster or more efficient than standard options.

CPI

The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.