Economy, asked by kashu0920, 4 months ago

what is the value of money multiplier if initial deposits are rs5000 and LRR is 25%​

Answers

Answered by Vivienne0123
1

500 crores Total deposit = Initial deposit x money multiplier = 500 x 10 = 5000 crores. 2. If total deposits created by commercial banks are Rs. 12000, LRR is 25% calculate initial deposit.

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