Economy, asked by priya282003, 8 months ago

credit multiplier is equal to

Answers

Answered by hiyasingh668
1

Answer:

please mark me as brainliest and follow me

Explanation:

The total amount of deposits created by the banking system as a whole as a multiple of the initial increase in the primary deposit is called the credit multiplier. ... 2000, then the credit multiplier will be 2000/400 = 5.

Similar questions