Economics · Indian Economy
In macroeconomics, the 'Money Multiplier' is mathematically expressed as the ratio of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reserve Money to Total Deposits
- 2Broad Money to Reserve Money✓
- 3Currency in Circulation to Demand Deposits
- 4Government Debt to Total Deposits
Correct answer
Broad Money to Reserve Money
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