The U.S. government produces billions of dollars in banknotes and coins for use in everyday transactions. Explain

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The U.S. government produces billions of dollars in banknotes and coins for use in everyday transactions. Explain why currency alone does not represent money creation.

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Core Macroeconomics

ISBN: 978-1464191435

3rd edition

Authors: Eric Chiang

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Question Posted: Dec 08, 2015 05:53 AM

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The U.S. government produces billions of dollars in banknotes and coins for use in everyday transactions. Explain

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Currency represents just one part of the money supply Mos...View the full answer

Core Macroeconomics

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