Explain the process of credit creation and highlight its contribution to financial crisis.

**Total word-count should not exceed 3000 words excluding references.Â
**where appropriate, a contents page, alist of tables/figures and a list of abbreviations should precede the work.Â
**harvard referencing style
** a work count must be stated at the end of the work.Â
** all tables and figures must be correctly numbered and labeled.Â
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answer all the questions:
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1- Explain in detail how does central bank infuence credit creation of commercial banks by “open market operations*? 1500 words
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2- Explain the process of credit creation and highlight its contribution to financial crisis. 1500 words.Â
* introduction 150 word : terms, rate of CC in financial crisis,
*explain creation process: one imaginory example. 400 word
*contribotion of CC in financial crisis 800Â
*conclusion 150Â
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