Home » Economics » A commercial bank is able to create moneyA commercial bank is able to create money A commercial bank is able to create money A. by printing it B. by maintaining reserve C. by creating a demand deposit as it gives a new loan D. by issuing cheques to depositors E. by borrowing from the central bank Correct Answer: Option C Explanation Related Posts Which of the taxes appear generally progressive in nature? Economics is the study of human behaviour as it relates to the The world market for crude oil refers to the Money may not be accepted as a store of value if? The privatization exercise in Nigeria is a move towards a In the event of a limited liability company going into liquidation each
