Banking
- Created by: laurajohnson99
- Created on: 30-05-14 20:51
Other questions in this quiz
2. The interest rate can also be referred to as...
- the Base Rate
- the Rate
- the Monetary Policy
- the Rate of Interest
3. A central bank...
- lends money as a first resort
- issues notes and coins
- transfers money to companies
- keeps money safe
4. Commercial banks...
- are a lender of last resort
- set interest rates
- keep the title deeds
- manage the National Debt
5. A function of money would be...
- it is a store of value
- it is scarce
- it is portable
- it is durable
Comments
No comments have yet been made