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3 Written questions

3 Multiple choice questions

  1. The money in a checking deposit
  2. A system of banking whereby banks keep a percentage of checking and saving deposits in reserve, leaving the rest available for loans and investments
  3. The total amount of money available for use as a medium of exchange

3 True/False questions

  1. BarteringThe coins and paper bills used as money in an economy

          

  2. Board of GovernorsExchanging goods and services for other goods and services without the use of money

          

  3. LoanThe coins and paper bills used as money in an economy