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Describe how financial institutions create money. Describes the process of creating money. differentiate process of creating money from minting coins or printing bills

Describe how financial institutions create money. Describes the process of creating money.

• differentiate process of creating money from minting coins or printing bills

• explain how the Federal Reserve System uses government borrowing to create money

• describe at least one other method by which new money can be created by any financial institution.

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