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Question 0

Which of the following factors enhances the ability of commercial banks to create money?

  • A.Reduction in the reserve ratio
  • B.Leakage of cash out of banking system
  • C.excess of reserves
  • D.Insistence on collateral security
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1988
Question no.
#0
Type
Objective
Previous · Q0Restriction on credit creation by commercial banks can be effected through? Next · Q0 In any economy, what is used as money is determined by?

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