Economy, asked by Anonymous, 9 months ago

explain the process of credit creation with the help of table. suppose initial deposit is rs 1000 and LLR is 10 % .find the total money creation using formula​

Answers

Answered by Anonymous
0

Explanation:

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

Previous Question
Next Question
Similar questions
Math, 4 months ago
construct a triangle pqr in which PQ +QR RP =10cm , angle Q=30°,angle R =60° with justification ​...
Math, 4 months ago
A fully inflated beach ball is losing 7.5% of its air each day. The beach ball originally contained 800 cubic inches of air. I need help finding the y-intercept and the rates of change over the interval 0≤x≤10. The answer needs to be rounded to the nearest hundredth.
Math, 4 months ago
if f(x)= 2x+1 and g(f(x))=4x^2 +4x+4 find g(x) given that g(x)=ax^2+bx ​...
English, 9 months ago
''Ah yes,''Said Leela.I see the moon,but is the moon very wet?''(change the narration)​...
Economy, 9 months ago
explain the nature of unemployed prevalent in rural and urban India. Explain in five points. ​
English, 1 year ago
the meaning of placard give examples for that ​...
Math, 1 year ago
please solve this problem​...
Math, 1 year ago
find the value of x and y if 3x+(2x-y)I=6-3i​...