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

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