A disadvantage of credit money is that prices do not automatically adjust to changes in the money supply.
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Q6: An increase in bank lending decreases the
Q7: An advantage of commodity money is that
Q8: IOUs for gold deposits are one example
Q9: Checkable mutual funds are at least as
Q10: One of the defining features of money
Q12: A difficulty with gold is that it
Q13: Only fiat money helps solve the "double
Q14: Checking accounts are part of the money
Q15: Under credit money, prices automatically fall in
Q16: As measures of the money supply, M2
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