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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 23
Money is created by the central bank and by commercial banks. How does money creation at the central bank differ from money creation in the commercial banking system? Are there any similarities?
Explanation
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Central bank:
Central bank is an apex i...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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