A commercial bank can create money by
...A commercial bank can create money by
Issuing currency
Increasing cash ratio
Issuing cheque
Lending to borrowers
Correct answer is D
Lending to borrowers in form of loan with an interest rate makes the commercial bank to create more money.
Which of the following does not affect a country's population? ...
The situation where by a government spends more than its budgets for a fiscal year is known as ...
GDP differs from GNP because GDP ...
Find the mean price of the distribution ...
The modal value of 3, 8, 4, 6, 3, 5, 2, 7, 3 and 5 is ...
The first oil refinery in Nigeria was established at ...
Monetary policy does NOT involve ...
Money supply at any given point in time is referred to as ...
Total of all expenditure incurred during the year ₤ 80,000m Indirect taxes on goods and services ...