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38 lessons,
5h 23m
Monetary Creation by Banking System Continued
1,143 plays

3.3.2 money multiplier and high powered money.

Mohini Jain
Gold medalist in Economics and graduate from St. Francis. Loves to read novels.

Unacademy user
Awesome, you literally made economics so easy for me! I'm an engineer with economics studied only and only as 1 sem cource (XD), so even having a working knowledge about concepts involved makes me understand all the stuff! I'mm liking economics now!
what if the seller withdraw total amount (which is ₹100 here) without keeping half with banks..?? can't he do that..??
Mohini Jain
a year ago
Hey Sai kumar... Yes he can..
nice lesson mam i have a only doubt like if worker got 0.8H/2 as factor payment so why it converted into 0.8H/4? if he has 0.8H/4 as cash so what is remaining 0.8H/4 which he deposited in bank?
u never miss even minute terms given in boxes... thanks
Mohini Jain
a year ago
Welcome :)
bank keeps some deposits as reserve, from that deposits bank keep some as "Deposits with RBI" So.. what is the meaning of "DEPOSITS WITH RBI"
Mohini Jain
2 years ago
That deposits with RBI is your CRR
Mandar Kharkar
2 years ago
ok. thanks
Thank you Ma'am for making learning so easy
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