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Which of the following is true None of the above/below is true A fractional-reserve banking system cannot create money, only the Federal Reserve can A

Which of the following is true

None of the above/below is true

A fractional-reserve banking system cannot create money, only the Federal Reserve can

A fractional-reserve banking system createsmoney, but it doesn't create wealth becausebank loans give borrowers new money and an equal amount of new debt

A fractional-reserve banking system creates money, therefore it creates wealth

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