With the Invention of Banking, One Important Aspect of Money

question 185

Multiple Choice

With the invention of banking, one important aspect of money was that:

• A)​individuals have no discretion over the money supply.
• B)​government lost all control over the money supply.
• C)​banks have some discretion over the money supply.
• D)​banks have full control over the money supply.

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Definitions:

Feathers

Keratinous structures unique to birds, used for flight, insulation, and display purposes.

Shrews

Small insectivorous mammals with long snouts, belonging to the family Soricidae.

Lepidosaur Lineage

A lineage of reptiles that includes squamates (lizards, snakes) and rhynchocephalians (tuataras), characterized by their scaled skin.

Extant Turtles

Refers to turtle species that are currently existing or living, as opposed to those that have become extinct.