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credit multiplier = 1/cash reserveView attachment 44484 how is it C?
Thank u ... But i would suggest u to do more in order to secure à better grade
View attachment 44483
answer is C why cant it be D ?
credit multiplier = 1/cash reserve
credit multiplier = 1/o.2 (bcz maintaiinin 20%) so inc in deposi is 1/0.2 X 200=1000 and inc in bank loan = 1000-200 =800
i get country 3 and country 2 falling real GNP per head , sure answer is A ?Help please ..how to solve this mcq ..correct ans is A
i get country 3 and country 2 falling real GNP per head , sure answer is A ?
credit multiplier = 1/cash reserveCorrection : crédit multiplier is 1/r.r (cash réservé) minus 1
Deposit multiplier is 1/ r.r (cash réservé)
credit multiplier = 1/cash reserve
there is no minus 1
if we put minus 1 we get a wrong answer
according to my book( oxford revision guide andrew gillespie) credit multiplier = 1/cash reserve ratioIt's not about wrong or correct ans ..concepts matter more..u may google or go to tutor2u.com if u doubt me
marking scheme maybe wrong thenYea it is A..
according to my book( oxford revision guide andrew gillespie) credit multiplier = 1/cash reserve ratio
as u said if we use 1/(1-cash reserve ratio) then we get 250
credit multiplier = 1/cash reserve
there is no minus 1
if we put minus 1 we get a wrong answer
idk what the hell i did, but i somehow got 200 and 600
This too. O/N/2008. Answer is D. How?
they are asking the price bro.. nt profitidk what the hell i did, but i somehow got 200 and 600
for X:
sales:200*10=2000
costs:200*=1800
profit=200
For Y:
sales: 200*10=2000
costs:200*7=1400
profit=600
so it should be between 200 and 600
Like you've done: multiplier(k)= 1/(.15+0.3+0.05)=2Ans is B ... But again ...how ?
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