Black Bear Black Bear Classification and Evolution The Black Bear (also known as the American Black Bear) is a medium sized species of bear that is found inhabiting a variety of forested habitats across North America. The Black Bear is not only the most widespread bear on the North American continent but it...
multiplier - the number by which a multiplicand is multiplied. multiplier factor. number - a concept of quantity involving zero and units; every number has a unique position in the sequence. scale factor - a number used as a multiplier in scaling.
The existence of the money multiplier is the outcome of fractional reserve banking, which the current banking system makes possible. In short, it is the existence of the central bank that enables banks to practice fractional reserve banking, thereby creating inflationary credit.