Economy, asked by 27maanvi, 10 months ago

explain the money creation with example ​

Answers

Answered by Irfan1729
1

Answer:

The process of money creation can be illustrated with the following example in the United States: Corporation A deposits $100,000 into Bank of America. Bank of America keeps $10,000 as reserves at the Federal Reserve. To make a profit, Bank of America loans the remaining $90,000 to the federal government.

Explanation:

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27maanvi: explain with example
Answered by kriti401
2

Explanation:

money creation is a process of supplying money in an economy.

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