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Banks Create Money When They Make Loans

question 9

True/False

Banks create money when they make loans.


Definitions:

Design Defect

A flaw in the design of a product that makes it unsafe for its intended use.

Ordinary Consumer

The average person who purchases goods or services for personal use, not for manufacture or resale.

Product Liability Laws

Regulations that hold manufacturers, distributors, suppliers, and retailers accountable for any injuries caused by defective or dangerous products.

National Sales

Sales activities that are conducted within a country's borders, focusing on the distribution and marketing of goods and services to domestic consumers.

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