Purchase Solution

complete money creation

Not what you're looking for?

Ask Custom Question

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.

Purchase this Solution

Solution Summary

The expert determines the complete money creation.

Solution Preview

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 ...

Purchase this Solution


Free BrainMass Quizzes
Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.