The key to understanding the money creation process is the fact that: O banks are able to print dollar bills and add these to circulation whenever they extend loans. O whenever banks create financial liabilities for themselves, they create financial assets for individuals, and those financial assets are considered money. O whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money. O since the money supply excludes cash but includes checking account deposits, money is created whenever individuals deposit cash into a checking account. D Question 10 2.84 pts