How does the Money Multiplier Calculator work?
Free Money Multiplier Calculator - Given a reserve ratio and initial deposit amount, this calculates the money multiplier and displays the re-lending process table for a bank to other banks including reserves and loans.
This calculator has 2 inputs.
This calculator has 2 inputs.
What 1 formula is used for the Money Multiplier Calculator?
m = 1/RR
What 7 concepts are covered in the Money Multiplier Calculator?
- currency
- a system of money in general use in a particular country.
- deposit
- a sum of money placed or kept in a bank account, usually to gain interest.
- loan
- a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
- money
- Any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes
- money multiplier
- A one-dollar increase in the monetary base causes the money supply to increase by more than one dollar. The increase in the money supply is the money multiplier.
- multiply
- to add equal groups
* - reserve
- To save something or set it aside for future use.
Money Multiplier Calculator Video
