Which of the Following Is Correct

question 96

Multiple Choice

Which of the following is correct?

• A) Both the granting and repaying of bank loans expand the aggregate money supply.
• B) Granting and repaying bank loans do not affect the money supply.
• C) Granting a bank loan destroys money; repaying a bank loan creates money.
• D) Granting a bank loan creates money; repaying a bank loan destroys money.

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Definitions:

Cyberspace

A virtual environment comprised of networked computers and digital platforms where users interact, share information, and conduct transactions.

Negligence Per Se

An action or failure to act in violation of a statutory requirement.

Statutory Requirement

A statutory requirement is a mandated provision set forth by legislation that must be adhered to.

Comparative Negligence

A legal doctrine that allocates damages based on the degree of fault of each party involved in an incident where both parties are partially to blame.