"The ratio of total money supply to the stock of high powered money in an economy" is referred to :
"The ratio of total money supply to the stock of high powered money in an economy" is referred to :
Solution
✅ Correct Option: 1
Money Multiplier is defined as the ratio of total money supply (M) to the stock of high-powered money (H) in an economy. Mathematically, in a simple model. It measures how many times the total money supply expands relative to the monetary base.
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