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The ability of commercial banks to create money depends on the

Economics
JAMB 2009
The ability of commercial banks to create money depends on the
  • A. reserve ratio
  • B. liquidity ratio
  • C. interest rate
  • D. capital base
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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