Question

Consider the following information pertaining to the Central Bank of country ABC:
SLR
19%
CRR
7%
Bank Rate
5.65%
Repo Rate
5.15%
Total Money Supply
S10,917 USD ba
Using the above information, calculate the Credit Multiplier:
a. 1.075
b. 5.263
e. 14.286
d. 17.699​

Answer 1

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