Question 22 Which of the following statements is true? Not yet answered O a. By repaying a loan to a commercial bank the amount of base money in the economy does Marked out of 3 not change. P Flag O b. By law, the amount of bank money must always be below the amount of base money. question O c. The payout of a loan in cash by a commercial bank to a customer creates base money. O d. The policy interest rate is the average interest rate charged by commercial banks to firms and households