CBSE BOARD XII, asked by mehakk10987, 8 months ago

If Cash Reserve Ratio is 12.5%, the value of money multiplier will be:

Answers

Answered by ananditanunes65

2

Explanation:

money multiplier =1/R

money multiplier =1/12.5

money multiplier =0.08

Answered by ps6312654

0

Answer:

8

Explanation:

money creation=1/LRR

LRR=12.5%

So,1/LRR=1000/125

=8

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