English, asked by adityagawande08, 13 days ago

explain the process of credit creation

Answers

Answered by srishanth30
0

Credit creation is the expansion of deposits where the banks expand their demand deposits as a multiple of their cash reserves.

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Answered by riddhi897
2

Answer:

credit creation is the expansion of deposits with the banks expand there are demand deposits as a multiple of their cash reserves.

Explanation:

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