If Legal Reserve Ratio is 25%, then value of credit multiplier would be ____.

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If Legal Reserve Ratio is 25%, then value of credit multiplier would be ____.

Anurag Pathak Changed status to publish December 24, 2023

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Anurag Pathak30.76K Posted December 24, 2023 0 Comments

If Legal Reserve Ratio is 25%, then value of credit multiplier would be 4.

Explanation:-

Credit Multiplier = 1/LRR

Credit Multiplier = 1/25%

Credit Multiplier = 4 times

Anurag Pathak Changed status to publish December 24, 2023

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If Legal Reserve Ratio is 25%, then value of credit multiplier would be ____.

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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