Economy, asked by sufiyaanwar200451, 10 months ago

what is credit creation? ​

Answers

Answered by JungkookOppa17
8

Answer:

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

Answered by Anonymous
3

Answer:

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

Explanation:

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