Question 0

A commercial bank is able to create money

  • A.by printing it
  • B.by maintaining reserve
  • C.by creating a demand deposit as it gives a new loan
  • D.by issuing cheques to depositors
  • E.by borrowing from the central bank
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1980
Question no.
#0
Type
Objective

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