Question Type: MCQ

Question No$.19.$ Mark$/$s: $1\mathrm{.}00|$ Negative Mark$/$s: $0\mathrm{.}00$

If currency$-$deposit ratio is $0\mathrm{.}2$ and reserves deposit ratio is $0\mathrm{.}3,$ what is the value of money multiplier?

$2\mathrm{.}4$

$0\mathrm{.}5$

$2\mathrm{.}0$

$1\mathrm{.}5$