Question
What is money multiplier?
Solution
Money multiplier measures an estimate of the maximum amount of commercial bank money that can be created, given a certain amount of central bank money. That is, in a fractional-reserve banking system, the total amount of loans that commercial banks are allowed to extend (the commercial bank money that they can legally create) is equal to an amount which is a multiple of the amount of reserves. This multiple is the reciprocal of the reserve ratio, and it is an economic multiplier.
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A statement is given followed by two courses of action I and II. Analyse the given situation and select the appropriate course of action.
Stateme...
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complete the series.
T _ G _ _ T I _ _ R _ _ G E R T I G _ _ T _ _ E R
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PR...
Select the set of letters that when sequentially placed in the blanks of the given letter series will complete the series.
_ x y _ w _ y z w x _ _ w _ _ z
