In many economies, when banks make loans, the money supply increases; when loans are paid off, the money supply decreases.
Standard detail
2.
Benchmark
Depth 1Parent ID: 015DC79B84914516BA75361BD800FAFEStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- 262FECED3CC24CC1B7B1DBF99DDCCB22
- ASN identifier
- S2604777
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 015DC79B84914516BA75361BD800FAFE
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US