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How did the creation of the Fed improve our banking system?

Understanding the evolution of our banking system is important because it helps us understand the features of modern banking. Today we have a managed money supply that is accepted by everyone simply because people have faith in it. Which of the following is true about our banking system today?

a) Most of our money circulates as coins and paper currency.


Answered 10 months ago
Answered 10 months ago
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In this task, we are going to determine if the statement is true or false.

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