If Cash Reserve Ratio is 12.5%, the value of money multiplier will be:
Answers
Answered by
2
Explanation:
money multiplier =1/R
money multiplier =1/12.5
money multiplier =0.08
Answered by
0
Answer:
8
Explanation:
money creation=1/LRR
LRR=12.5%
So,1/LRR=1000/125
=8
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