hw do commercial banks create credit? use an easy numerical example for your answer.
Kindly refer given link & scroll to topic "Credit Creation by commercial bank" for similar query.
https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-macroeconomics/money-and-banking/341_1988_5841
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https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-macroeconomics/money-and-banking/341_1988_5841
Regards