CBSE BOARD XII, asked by Tariqbaba, 11 months ago

The formula used for calculating
money
multiplier​

Answers

Answered by koushikmkj
0

Answer:

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

Explanation:

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