The money multiplier is the reciprocal of the Cash Reserve Ratio: Money Multiplier=1/CRR=1/0.20=5. So, with CRR = 20%, the money multiplier equals 5.
Given a Cash Reserve Ratio (CRR) being 20%, the value of the money multiplier will be_______.
Verified 13 Jul 2026.
3
20
10
5
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