The part of the money supply produced by the private banking system is called:

Name: The part of the money supply produced by the private banking system is called:
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Inside money refers to the portion of the money supply that is created by the private banking system through lending and deposit creation. This is in contrast to outside money, which is produced by the central bank through actions such as open market operations and issuing currency. Therefore, the best choice is A) inside money.

The Part of the Money Supply Produced by the Private