Given CRR 4 and SLR 16 the value of money multiplier is ........

Given CRR = 4% and SLR = 16%, the value of money multiplier is:-

6.25

8.33

Money Multiplier equals to 1/LRR. LRR equalt to SLR + CRR. Hence Money Multiplier equals to 1/20%. After solving it comes to 5.

Submit Error