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Explain the process by which banking system creates money(increases the money supply). population increases? What is the effect on the nation's standard of living in

Explain the process by which banking system creates money(increases the money supply).image text in transcribed

population increases? What is the effect on the nation's standard of living in each case? Question 32 (5 points) Explain the process by which the banking system creates money (increases the money supply.)

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