Which among the following is correct representation of the Money Multiplier?
1.Ratio of Broad Money (M3) to Reserved Money (M0) i.e. M3/M0
2.Ratio of Broad Money (M3) to Narrow Money (M1) i.e. M3/M1
3.Ratio of Narrow Money (M1) to Broad Money (M3) i.e. M1/M3
4.Ratio of Narrow Money (M1) to Reserved Money (M0) i.e. M1/M0
Posted Date:-2021-02-21 13:10:36