What is a common misconception about the source of money for home loans?
Modern Monetary Theory - How it Could Answer All Of Our Economic Problems: Introduction

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Business
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7th - 12th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It comes directly from the bank's reserves.
It is printed by the government for each loan.
It is created through the bank's lending process.
It is borrowed from other customers' deposits.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the modern monetary system differ from that of 100 years ago?
It relies more on physical cash.
It is less dependent on digital transactions.
It is significantly different in structure and operation.
It has remained largely unchanged.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does cash play in modern society according to the video?
It is only used for small transactions.
It is the counter asset for most transactions.
It is becoming obsolete.
It is primarily used for international trade.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one potential benefit of modern monetary theory?
It can increase the value of currency.
It can reduce the need for government intervention.
It can prevent economic slowdowns and recessions.
It can completely eliminate taxes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a criticism of modern monetary theory mentioned in the video?
It has no critics.
It underestimates the impact of inflation.
It ignores the role of banks.
It is too complex for practical use.
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