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1.The monetary base is the amount of coins and currency in circulation plus demand deposits. A. T B. F 2.The term deposit banking refers to

1.The monetary base is the amount of coins and currency in circulation plus demand deposits.

A. T

B. F

2.The term deposit banking refers to the set up a financial system where in one bank will accept the checks (demand deposits) drawn on another bank.

A. T

B. F

3. Bank panics (bank runs) can cause economic recessions.

A. T

B. F

Thank you so much

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