Question

If the Central Bank of Oman CBO sets the minimum reserve ratio for the private banks at 15 and the initial deposited money in the banks are 250 Million Omani Rial. What will be the value of money multiplier How much total money created by the private banks​

Answer 1

Explanation:

In meteorology, a cloud is an aerosol consisting of a visible mass of minute liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may compose the droplets and crystals.

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Answer 2

Answer:

• If the Central Bank of Oman CBO sets the minimum reserve ratio for the private banks at 15 and the initial deposited money in the banks are 250 Million Omani Rial. What will be the value of money multiplier How much total money created by the private banks