Question 57
HardOriginal questionMoney supply is ₹6,000 crore and high-powered money is ₹1,500 crore. The money multiplier is
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Money multiplier = M ÷ H = 6,000 ÷ 1,500 = 4.
- Concept
- Multiplier from M and H
- Typical timeTypical
- 100 s
- Your timeYours
- —
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