Economy, asked by Satpathyanima6, 14 days ago

11. Credit creation by the commercial banks is equal to: [a] 1/RR [b] "RR X CASH RESERVES [c] 'RRX Total Deposits [d] 'RR X Cash Reserves

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Answered by vaishnavidevkate83

0

Answer:

1/RR [b] "RR X CASH RESERVES [c] 'RRX Total Deposits [d] 'RR X Cash Reserves.

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