Banks can create more money by?
ECONOMICS
JAMB 1997
Banks can create more money by?
- A. increasing its cash ratio with the Central Bank
- B. issuing more banks cheques
- C. accepting more deposits from customers
- D. lending out money from customers deposits
Correct Answer: D. lending out money from customers deposits
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *

