ASSIGNMENT # 3.docx - MONEY AND BANKING ASSIGNMENT 3 ANSWER...

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MONEY AND BANKING --- ASSIGNMENT # 3ANSWER THE FOLLOWING QUESTIONS 1.Why did it take almost 100 years before the United States had its own national currency? 2.The text points out that there is an inverse relationship between the fiscal cost of a bank crisis and real GDP growth. What are some of the reasons that can explain this inverse relationship3.If governments operated like businesses, meaning their goal was to maximize
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Exploring Microeconomics
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Chapter 19 / Exercise 10
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