Economy, asked by sohil65ali, 5 months ago

With initial deposit of red. 10000 and legal reserve ratio =20%,explain the process of credit creation by commercial banks in economy ​

Answers

Answered by akashsrivastava28
2

Answer:

the credit creation limit of the banks will be ,1/ 0.2 =,5 times of the initial deposit that is 50000

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