Banks Do Not Create Money When They Make Loans

question 35

True/False

Banks do not create money when they make loans.

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Definitions:

ExFAT

Extended File Allocation Table, a file system introduced by Microsoft that is optimized for flash memory like USB flash drives and SD cards, supporting larger files and volumes than FAT32.

NIC

Network Interface Card, a hardware component that allows a computer to connect to a network, including both wired (Ethernet) and wireless (WiFi) connections.

Troubleshooting Methodology

A systematic approach to diagnosing and resolving issues or faults in a device, system, or network.

Internet Connection

The means by which computers, mobile devices, and other IoT devices access the Internet, using technologies like broadband, WiFi, or mobile data.