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    4. define money creation process
    define money creation process

    steps involved in money creation process

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    0  Views: 671 Answers: 1 Posted: 11 years ago
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      The process in which banks increase the amount of funds in checkable deposits by using reserves to make loans. Money creation is an important process in the economy because it means that the government does not have total control over the money supply.

      11 years ago. Rating: 4
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        hector5559

        No R,B,S,does,
        commented 11 years ago
        ROMOS

        Bad bank!
        commented 11 years ago


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