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    define money creation process

    steps involved in money creation process

    0  Views: 846 Answers: 1 Posted: 13 years ago

    1 Answer

    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.

    hector5559

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    ROMOS

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