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Differentiate process of creating money from minting coins

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Reference no: EM131486754

Describe how financial institutions create money.

Your essay should be grammatically correct, and where appropriate, cite the source of your information in APA format. Please submit your responses in a cohesive essay. Write a brief essay of at least 325 words that describes the process of creating money. In your essay you should

  • Differentiate process of creating money from minting coins or printing bills
  • Explain how the Federal Reserve System uses government borrowing to create money
  • Describe at least one other method by which new money can be created by any financial institution.

Reference no: EM131486754

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