I don´t understand the question I'm being asked to write an essay about... I thought I understood the underlying concepts... but I´ve read too much information and it´s all very contradicting! Basically I am asked to examine the impact of commercial banking practice upon the money multiplier. Which general considerations are relevant to credit creation and to the impact of credit upon the ‘macroeconomy´.

Any sort of advice would be greatly appreciated!

Thank you :)