The credit multiplier is the. of cash reserve ratio
Answers
Answered by
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
2
Answer:
mark as Brainliest answer
Attachments:
Similar questions