MCQOPTIONS
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| 1. |
The money multiplier in an economy increases with which one of the following? |
| A. | Increase in the cash reserve ratio |
| B. | Increase in the banking habit of the population |
| C. | Increase in the statutory liquidity |
| D. | Increase in the population of the country |
| Answer» C. Increase in the statutory liquidity | |