National income, money, banking

Question 1 of 10

Commercial banks create credit mainly by

Question 2 of 10

Open market purchase of securities by the central bank

Question 3 of 10

The Bank of Ghana can reduce money supply by

Question 4 of 10

A cheque that can only be paid into a bank account is

Question 5 of 10

GDP at market prices minus indirect taxes plus subsidies gives GDP at

Question 6 of 10

Real GDP is nominal GDP adjusted for

Question 7 of 10

An increase in the bank rate by the central bank is likely to

Question 8 of 10

The demand for money for day-to-day purchases is the

Question 9 of 10

Inflation caused by rising costs of production is called

Question 10 of 10

Which of the following is a function of money?