a) Explain any two limitations to the process of credit creation in developing countries? [4 Marks] b) Explain Fiat Money and give an example of how this has been applied in Kenya in recent time. [3 Marks] c) Explain the premise behind Tobin's Portfolio Approach to Money Demand and point out how this approach differs from the liquidity preference theory as postulated by J.M Keynes. [8 Marks]