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Essay text:
The holders of money (the “public”)—individuals, businesses, governmental units.
2. Commercial banks (privately or governmentally owned), which borrow from the public and make loans to individuals, firms, or governments.
3. Central banks, which have a monopoly on the issue of certain types of money, serve as the bankers for the central government and the commercial banks, and have the power to determine the quantity of money.
………………………………………..
==>Now on The Government Side: Revenue & Income is generated through: “Taxis, Aid, Loan, Exports, etc” and Expenditures are done on “Public Utilities, To Run Govt Matters, etc”...
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