How much percentage gold value is increasing per year?
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Answer:
Since international gold is dollar denominated, any weakness in the dollar pushes up gold prices and vice versa.
The inverse relationship is because firstly, a falling dollar increases the value of currencies of other countries.
This increases the demand for commodities including gold.
It also increases the prices.
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Explanation:
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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