Which of the followings are/are not money in the United States? Explain your answers a US dime
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Question:
Which of the followings are/are not money in the United States? Explain your answers
- a US dime
- a Mexican peso
- a Picasso painting
- a plastic credit card
- an ounce of gold
- Bitcoin
2. If the Fed supply 20 billion dollars into the commercial banking system, how much more money the commercial banks supply? (rrr = 10%)
3. How would an increase of minimum wage affect unemployment rate?
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