Banks Create Money Through Contracts with the Government to Mint

question 106

True/False

Banks create money through contracts with the government to mint bills and coins.

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Definitions:

World Health Organization

An international agency of the United Nations responsible for promoting public health, controlling infectious diseases, and setting global health standards.

Ranges

The span or scope between possible extremes or variations.

Physiological

Relating to the normal functions of living organisms and their parts.

Cognitive

Having to do with mental processes such as sensation and perception, memory, intelligence, language, thought, and problem solving.