question 9 8 pts the federal reserve issues federal reserve notes, which are _____. tax bills that american…

question 9 8 pts the federal reserve issues federal reserve notes, which are _____. tax bills that american workers pay each paycheck bonds that the government sells to pay off the debt the single paper currency valid in the united states orders for weak banks to come under government ownership. question 10 8 pts the fdics (federal deposit insurance corporation) main purpose is to put private banks under government control. finance the military during times of war. determine the amount of bonds the fed sells to banks. assure americans that their bank deposits are safe. question 11 8 pts your community bank actually creates money and increases the money supply whenever it _____. loans out money that its customers have deposited with them prints new paper bills to replace old and worn currency sells its customers investments like stocks and bonds that earn interest arranges for its customers to pay their tax debts on time
Answer
Brief Explanations:
- Question 9: Federal Reserve Notes are the single - paper currency valid in the United States. The Federal Reserve issues them as the nation's currency.
- Question 10: The main purpose of the FDIC is to assure Americans that their bank deposits are safe. It insures deposits in case a bank fails.
- Question 11: A community bank increases the money supply when it loans out money that its customers have deposited with them. Through the fractional - reserve banking system, this creates new money in the economy.
Answer:
Question 9: C. the single paper currency valid in the United States Question 10: D. assure Americans that their bank deposits are safe Question 11: A. loans out money that its customers have deposited with them