Examlex
What was a significant change that resulted from the expansion of trade routes in the first few centuries BCE?
Gold Coins
Metallic forms of money minted from gold, used historically and currently as investment or collectible items.
Transactions Demand
The demand for money as a medium of exchange, reflecting the desire to hold money for everyday transactions.
Banks Create Money
The process by which commercial banks lend more than the reserves they hold, effectively creating new money through the issuance of loans.
Large Denomination
Currency units or financial instruments that represent a large value, making them efficient for high-value transactions but also potentially attractive for illicit activities.
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