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 ratio
d
Increase in the population of the country
Monetary PolicyMoney Supply, Credit CreationMoney multipliereconomycash reserve ratio (CRR)banking habitpopulationstatutory liquidity ratio (SLR)