Economy, asked by aditya108175, 4 months ago

conclusion on money multiplier In 500-600 words​

Answers

Answered by JebinJoseph2007
0

Answer:

Hope it helps you bro!

Explanation:

The work of multiplier is to measure the maximum amount of money a commercial bank can create. It is also known as the fractional reserving money system. Money multiplier generally refers to how the initial deposit can lead to the final amount which is the increment of the total money supplied.

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