complete money creation
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The multiple expansion of bank deposits usually requires how many banks for complete money creation?
A) 1
B) 3
C) 5
D) 10
E) there is no limit to the number of banks that can be involved in this process.
https://brainmass.com/economics/banking/complete-money-creation-banks-16661
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E) there is no limit to the number of banks that can be involved in this process.
This is shown in the following example:
Deposit Multiplier = 1 ...
Solution Summary
The expert determines the complete money creation.
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