Question

Define credit multiplier

Answer 1

Hello dear!!...

$<b><marquee behavior="slide" direction="down" style="background : red">$

The money multiplier is the amount of money that banks generate with each dollar of reserves. ... Banking reserves is the ratio of reserves to the total amount of deposits. The money multiplier is the ratio of deposits to reserves in the banking system.

Answer 2

The credit multiplier is the amount of money that banks generate with each dollar of reserves..
Hope it helps u
Mark as brainliest