Asked by
Minylehal Worku
on Nov 11, 2024Verified
Banks create money when they make loans.
Create Money
The process by which central banks or monetary authorities increase the money supply.
- Digest the capacity of banks in the orchestration of money supply.
- Familiarize yourself with the procedure that causes the money supply to expand or contract.
Verified Answer
AH
Learning Objectives
- Digest the capacity of banks in the orchestration of money supply.
- Familiarize yourself with the procedure that causes the money supply to expand or contract.
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