Which statement is false?

A) Over the last three decades our money supply grew most years,but at widely varying rates.
B) The U.S.dollar is based on Spanish currency.
C) The interest rate on business loans is lower than the interest rate that banks pay their depositors.
D) The distinction between commercial banks and other banks is becoming blurreD.

Money Supply

The overall pool of money within an economy at a certain time, including all forms of cash, coinage, and funds in checking and savings accounts.

Spanish Currency

The Euro, which is the official currency of Spain, part of the Eurozone countries that have adopted the euro (€) as their legal tender.

Commercial Banks

Financial institutions that provide a range of services such as accepting deposits, lending money, and offering investment products.