Question
Which of the following statements is NOT correct? The limitation to money creation by banks when they make loans is due to _______________________. A. the
Which of the following statements is NOT correct?
The limitation to money creation by banks when they make loans is due to _______________________.
| A. | the necessity to back up deposits with central bank money | |
| B. | the constraint that borrowers are demanding loans | |
| C. | the necessity that loans provide a net profit | |
| D. | Both B and C are incorrect | |
| E. | None as they are all correct |
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Trade Union Finance
Authors: Marick F. Masters, Raymond Gibney
1st Edition
1032371382, 978-1032371382
