Q2. Explain the process of money and credit creation taking LRR as 20% and initial deposit as 4000. Also show this numerically. (6)
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Q2. Explain the process of money and credit creation taking LRR as 20% and initial deposit as 4000. Also show this numerically. (6)
Answered by
2
Explanation:
Explain the process of money and credit creation taking LRR as 20% and initial deposit as 4000. Also show this numerically.
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