When a commercial bank creates credit its immediate effect is that it raises__________________?

Related Mcqs:

What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?

A. Floor price B. Fixed price C. Bid price D. Basic price...

What is called the price that a potential buyer is willing to pay for a security ?

A. Bid B. Offer price C. Quote price D. None of these...

Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?

A. Redemption B. Guarantee C. Repo D. Repurchase arrangements...

What is Remittance_______________?

A. Sending of money to someone at distance B. The sum of money sent C. Both of them D. None of them...

What could a government do to correct the current account deficit ?

A. Reduce the deficit on the balance of trade B. Reduce the repayment of loans C. Reduce the surplus on the capital account D. Reduce the volume of exports...