The bank cash deposit ratio increased from 5% to 10%. What outcome will this have?
- ABank deposits will fall by 10%.
- BBanks deposits will rise by 5%.
- CThe credit multiplier will fall by 50%.
- DThe credit multiplier will increase by 5%.
Economics 9708 · AS & A Level · Oligopoly
The bank cash deposit ratio increased from 5% to 10%. What outcome will this have?