Answer:
If, the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
Explanation:
Answer:
Saya bukan orang India, saya dari Filipina
hehe
Answer:
Option (B) is correct.
Explanation:
Economic growth is defined as an increase in the production or output of goods and services in an economy from one period to another period. According to the principle of diminishing returns to capital, if more capital employed in the production of certain goods and services and other factors of production remains the same then as a result per unit of output goes on diminishing.
Hence, this change in the production level slows down the economic growth or even stop the economic growth of a nation.
