Economy, asked by subhadeep07, 1 year ago

credit creation formula​

Answers

Answered by abhi3023
5

Answer:

In Credit creation,the formula for estimation of credit is 1/RR*CR.

Answered by abhi302400
0

CR are 10,000 and RR is 10%,then the estimated credit created would be 1,00,000.My doubt is that,let the bank get deposits of 10,000 from public.It would make a RR of 1000.

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