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Questions and Answers
Which of the following best describes the role of money in the economy?
Which of the following best describes the role of money in the economy?
- A method of accumulating claims against others
- A measure of economic input and output (correct)
- A medium of exchange for goods and services
- A means of measuring obligations, rights, powers, and privileges
According to the text, what would be enshrined in law as a fundamental right of citizenship?
According to the text, what would be enshrined in law as a fundamental right of citizenship?
- The right to receive tax deductible dividends
- The right to purchase shares
- Access to credit for acquiring productive capital (correct)
- The right to vote
According to the text, what would citizens receive from the earnings of the capital they accumulate over the years?
According to the text, what would citizens receive from the earnings of the capital they accumulate over the years?
- Tax deductible dividends
- A decent and regular income (correct)
- Ownership of income-producing property
- Interest-free capital credit
According to the text, what is a major barrier to extending access to capital ownership among the poor and middle class?
According to the text, what is a major barrier to extending access to capital ownership among the poor and middle class?
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What is suggested as a substitute for traditional collateral requirements?
What is suggested as a substitute for traditional collateral requirements?
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What would be the role of the Capital Credit Reinsurance Corporation (CCRC) according to the text?
What would be the role of the Capital Credit Reinsurance Corporation (CCRC) according to the text?
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