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How does the banking system create money

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Reference no: EM132606694

Question: 1. How does the Fed control the money supply? Be sure to explain how they can expand or restrict the money supply.

2. How does the banking system create money?

3. List two to three pros and cons of the Federal Reserve Bank.

4. What is your conclusion: is the Fed necessary? Support your opinion.

Your initial response should be a minimum of 200 words.

Reference no: EM132606694

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