2015 que 16

Discussion in 'CB2' started by Akansha, Mar 7, 2022.

  1. Akansha

    Akansha Active Member

    Following is the split of utilization of INR 100 earned in India:
    Investment of INR 25
    Tax of INR 10
    Import of INR 15
    Domestic consumption of INR 50
    The CRR is 10%. What is the value of Money multiplier?
    A. 6.67
    B. 4.25
    C. 3.08
    D. 1.81

    Can anyone please explain the solution?
     

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