12th Class Economics Sample Paper Economics - Sample Paper-9

  • question_answer
    If Legal Reserve Ratio is 0.1. What is the value of deposit multiplier?

    Answer:

    Deposit Multiplier\[\text{=}\frac{\text{1}}{\text{Legal}\,\text{Reserve}\,\text{Ratio}}\text{=}\frac{\text{1}}{\text{0}\text{.1}}\text{=10}\] \[\therefore \]Deposit multiplier =10


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