The money multiplier in an economy increases with which one of the following?
Options
(a)Increase in the ¢ash reserve ratio
(b)Increase in the banking habit of the population
(c)Increase in the statutory liquidity ratio
(d)Increase in the population of the country
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Class 12Money and Banking— NCERT Economics, Chapter 3. Money is the commonly accepted medium of exchange that removes barter's need for a double coincidence of wants; it is also a unit of account and a store of value.…
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