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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 14: B: Money, Banking, and Money Creation
  5. Question
    Chartered Banks Create Money in the Form of Chequable Deposits
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Chartered Banks Create Money in the Form of Chequable Deposits

Question 179

Question 179

True/False

Chartered banks create money in the form of chequable deposits when they make loans.

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