Which of the following is a service of authorised deposit- taking institutions?
A) Monitoring the Reserve Bank
B) Loaning funds to other authorised deposit- taking institutions at the discount rate
C) Decreasing the liquidity drain in the banking system
D) Creating liquidity
Correct Answer:
Verified
Q82: Anything can be money as long as
Q83: Barter occurs when you exchange
A)goods for other
Q85: An increase in the nominal interest rate
Q86: Q88: The real quantity of money is Q89: Barter is an inefficient means of exchange Q90: The fact that using money avoids the
A)inversely related
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