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Explain the Process by Which the Banking System Creates Money

question 26

Essay

Explain the process by which the banking system creates money.


Definitions:

Beliefs

Beliefs are convictions or acceptances that something exists or is true, especially without proof, and they can guide behavior and thought processes.

Values

Core beliefs or standards that guide and motivate attitudes and actions.

Norms

Established standards of behavior or beliefs that are considered typical or acceptable within a group or society.

Infractions

Breaches or violations of rules or agreements.

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