Knowee
Questions
Features
Study Tools

What happens when CRR is increased?a.Decrease in inflationb.Decrease in money supplyc.Increase in demand for moneyd.All of the above

Question

What happens when CRR is increased?a.Decrease in inflationb.Decrease in money supplyc.Increase in demand for moneyd.All of the above
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

When CRR (Cash Reserve Ratio) is increased, several effects can occur. Let's break it down step by step:

  1. Decrease in inflation: Increasing the CRR means that banks are required to hold a higher percentage of their deposits as reserves with the central bank. This reduces the amount of money avail Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  

This problem has been solved

Similar Questions

What happens when CRR is increased?a.Decrease in inflationb.Decrease in money supplyc.Increase in demand for moneyd.All of the above

Demand for money in the money market is _____, while in the loanable funds market to demand for money is ____.

If the pH of a solution is increased what happens to the acidic solute in the solution?

When sea-ice forms what happens to the air above it?Group of answer choicesblows awayloses heatheats upnothinggets cooler

What is the value of the price elasticity of demand (PED) for a product if total revenue remains thesame when the price is reduced?

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.