Chartered Banks Create Money in the Form of Chequable Deposits

question 179

True/False

Chartered banks create money in the form of chequable deposits when they make loans.

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Definitions:

Process Schizophrenia

A chronic form of schizophrenia where there is a gradual deterioration of functioning leading to long-term impairment.

Reactive Schizophrenia

A subtype of schizophrenia characterized by a sudden onset following a stressful event or change in life situation.

Undifferentiated Schizophrenia

A subtype of schizophrenia characterized by a mix of symptoms that do not clearly fit into the other specific categories of this mental disorder.

Infectious Disease Rates

The prevalence or incidence of diseases caused by pathogens (bacteria, viruses, fungi, or parasites) in a specific population over a given period of time.