9303753286127016 Can an increase in the deposits rate increase the money multiplier?

Can an increase in the deposits rate increase the money multiplier?

 An increase in deposit rates will incite contributors to deposit more, subsequently prompting a decrease in cash to aggregate deposit proportion or ratio. This will thus prompt an ascent or an increase in the money multiplier.

Balkishan Agrawal

At the helm of GMS Learning is Principal Balkishan Agrawal, a dedicated and experienced educationist. Under his able guidance, our school has flourished academically and has achieved remarkable milestones in various fields. Principal Agrawal’s vision for the school is centered on providing a nurturing environment where every student can thrive, learn, and grow.

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