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Questions and Answers
What is money?
What is money?
- A commodity to be bought and sold
- A symbol representing the value of goods and services
- An artifact of civilization invented to facilitate economic transactions (correct)
- A tool for controlling societies
What can money be used for, according to the text?
What can money be used for, according to the text?
- To concentrate power and property in the hands of a few or the state
- To provide equality of access to the means for every citizen to become an owner of income-producing capital
- To suppress the freedom and human potential of the many
- To achieve universal economic empowerment and prosperity (correct)
What does the proper creation of money allow us to achieve, according to the text?
What does the proper creation of money allow us to achieve, according to the text?
- Slavery of past savings
- Suppression of property rights
- Sustainable, non-inflationary, and environmentally sound growth (correct)
- Universal economic empowerment and prosperity
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