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Tidy Tidy
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10 years ago
Which of the following best describes how banks create money?
A) Banks charge higher interest rates on loans than they pay on deposits.
B) Banks charge fees for providing financial advice.
C) Banks create checking account deposits when making loans from excess reserves.
D) Banks make loans from reserves.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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