I’m very confused on all three please help!:) 21 of 25Banks in the United StatesO are a critical intermediary between the borrower and saver.O allow people and businesses to store money in checking or savings accounts.O allow peoplewithdraw money as needed via direct withdrawal, check, or debit card.O All of the above.22 of 25Who wrote, "The first and most important lesson that history teaches about what monetary policy can do-and it is a lesson of the most profound importance-is that monetary policy can prevent money itself from being a major source of economicdisturbance"?O John Maynard KeynesO Milton FreidmanO Adam SmithO Thomas Jefferson23 of 25Why were cowrie shells considered a good form of money for centuries?O They are durable.O They are divisible.O They are hard to counterfeit.O All of the above.

Since you have asked multiple question, we will solve the first question for you. If you want any…

Banks in the United States O are a critical intermediary between the borrower and saver. O allow people and businesses to store money in checking or savings accounts. allow people to withdraw money as needed via direct withdrawal, check, or debit card. O All of the above.

Banks in the United States O are a critical intermediary between the borrower and saver. O allow people and businesses to store money in checking or savings accounts. allow people to withdraw money as needed via direct withdrawal, check, or debit card. O All of the above.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter27: Issues In Macroeconomic Theory And Policy

Section: Chapter Questions

Problem 4P

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Question

I’m very confused on all three please help!:)

21 of 25
Banks in the United States
O are a critical intermediary between the borrower and saver.
O allow people and businesses to store money in checking or savings accounts.
O allow people
withdraw money as needed via direct withdrawal, check, or debit card.
O All of the above.
22 of 25
Who wrote, "The first and most important lesson that history teaches about what monetary policy can do-and it is a lesson of the most profound importance-is that monetary policy can prevent money itself from being a major source of economic
disturbance"?
O John Maynard Keynes
O Milton Freidman
O Adam Smith
O Thomas Jefferson
23 of 25
Why were cowrie shells considered a good form of money for centuries?
O They are durable.
O They are divisible.
O They are hard to counterfeit.
O All of the above.

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