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Textbook Site for:
Economics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Chapter Review
Chapter 13: Money and Banking


1. What is money?

2. How is the U.S. money supply defined?

3. How do countries pay for international transactions?

4. Why are banks considered intermediaries?

5. How does international banking differ from domestic banking?

6. How do banks create money?



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