Paper receipts issued by goldsmiths were a form of money called

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Paper receipts issued by goldsmiths were a
form of money called
Multiple Choice
Money market accounts
Commodity money
Checks
Bank notes
Deposit insurance was the second, successful
attempt the US made at solving what
problem with the banking system?
Multiple Choice
the settlements process
commodity money
runs and panics
the targeting problem
Transcribed Image Text:Paper receipts issued by goldsmiths were a form of money called Multiple Choice Money market accounts Commodity money Checks Bank notes Deposit insurance was the second, successful attempt the US made at solving what problem with the banking system? Multiple Choice the settlements process commodity money runs and panics the targeting problem
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