English, asked by satyabratan608, 8 months ago

The credit multiplier is the. of cash reserve ratio​

Answers

Answered by Sg830161gmailcom
3

Answer:

The money multiplier tells you the maximum amount of money supply could increase based on an increase in reserve within with the banking system. The formula for the money multiplier is simply 1/r, where r =reserve ratio.

Hope it's helpful....

Mark as brainliest plzz...

Answered by wilsonp7126
2

Answer:

mark as Brainliest answer

Attachments:
Similar questions