Answer Happy

D Question 1 1 pts When a bank creates a loan .... It appears as an entry on the asset side of its balance sheet, not on the liability side It appears as an entry on the liability side of its balance sheet and not on the asset side. It appears as an entry on the asset side of its balance sheet and on the liability side. UTILE Question 2 1 pts Which of these is true? After the crash bank credit was roughly the same size as before Banks do not have the power to create credit, only currency After the crash banks provision of credit collapsed undermining government efforts at Quantitative Easing After the crash banks went on a spree of credit creation causing massive Inflation