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BANKING AND MONEY CREATION BANKING AND MONEY CREATION THE MONETARY ROLE OF BANKS More than half of M1 consists of currency in circulation. The rest of M1 consists of bank…

Documents Accounting, Warren 21st Edition

Chapter 2 Analyzing Transactions Accounting, 21st Edition Warren Reeve Fess PowerPoint Presentation by Douglas Cloud Professor Emeritus of Accounting Pepperdine University…