Podcast
Questions and Answers
Which of the following is NOT a function of money?
Which of the following is NOT a function of money?
- Medium of exchange
- Unit of account
- Measure of wealth (correct)
- Store of value
What is the role of trust and confidence in the modern incarnation of business?
What is the role of trust and confidence in the modern incarnation of business?
- To support currency and credit lines (correct)
- To regulate economic activity
- To determine the value of money
- To establish the supply of money
How does an increase in the supply of money impact economic activity?
How does an increase in the supply of money impact economic activity?
- It stimulates increased production and employment (correct)
- It results in a slowdown of economic activity
- It leads to a decrease in spending activity
- It causes a decrease in the cost of money
Which of the following is NOT included in M1?
Which of the following is NOT included in M1?
What is the term used to describe M2?
What is the term used to describe M2?
What does M3 include in addition to M2?
What does M3 include in addition to M2?
What does M4 consist of?
What does M4 consist of?
Which of the following is NOT a factor that can contribute to overall risk in the financial system?
Which of the following is NOT a factor that can contribute to overall risk in the financial system?
What is the main objective of the BSP's monetary policy?
What is the main objective of the BSP's monetary policy?
What is the role of the BSP in promoting an efficient payments and settlements system?
What is the role of the BSP in promoting an efficient payments and settlements system?
What is the purpose of the National Retail Payment System (NRPS)?
What is the purpose of the National Retail Payment System (NRPS)?
Which of the following is a contractionary monetary policy measure used by the BSP to reduce inflation?
Which of the following is a contractionary monetary policy measure used by the BSP to reduce inflation?
What is the main objective of the BSP's monetary policy framework?
What is the main objective of the BSP's monetary policy framework?
What is financial stability?
What is financial stability?
Why is financial stability important for individuals?
Why is financial stability important for individuals?
Which measure of the total money supply includes currency in circulation and peso demand deposits?
Which measure of the total money supply includes currency in circulation and peso demand deposits?
Which measure of the total money supply includes M1 plus peso savings and time deposits?
Which measure of the total money supply includes M1 plus peso savings and time deposits?
Which measure of the total money supply includes M2 plus peso deposit substitutes?
Which measure of the total money supply includes M2 plus peso deposit substitutes?
Which measure of the total money supply includes M3 plus transferable and other deposits in foreign currency?
Which measure of the total money supply includes M3 plus transferable and other deposits in foreign currency?
What is the primary objective of the BSP according to the New Central Bank Act?
What is the primary objective of the BSP according to the New Central Bank Act?
What is the core function of the BSP related to managing systemic risks and promoting a secure and reliable banking system?
What is the core function of the BSP related to managing systemic risks and promoting a secure and reliable banking system?
What is the term used to describe the sustained increase in the general price level of goods and services?
What is the term used to describe the sustained increase in the general price level of goods and services?
Which of the following is NOT a function of the BSP's monetary policy?
Which of the following is NOT a function of the BSP's monetary policy?
What is the main objective of the BSP's financial stability function?
What is the main objective of the BSP's financial stability function?
What is the difference between systemic risk and systematic risk?
What is the difference between systemic risk and systematic risk?
Why is financial stability important for individuals?
Why is financial stability important for individuals?
What is the role of trust and confidence in the financial system?
What is the role of trust and confidence in the financial system?
What is the process of inflation targeting by the BSP?
What is the process of inflation targeting by the BSP?
What is the main objective of the BSP's monetary policy framework?
What is the main objective of the BSP's monetary policy framework?
Which of the following is NOT a core function of the BSP?
Which of the following is NOT a core function of the BSP?
What is the main objective of the National Retail Payment System (NRPS)?
What is the main objective of the National Retail Payment System (NRPS)?
What is the primary role of the BSP in promoting an efficient payments & settlements system?
What is the primary role of the BSP in promoting an efficient payments & settlements system?
What is the purpose of the Real Time Gross Settlement (RTGS) system?
What is the purpose of the Real Time Gross Settlement (RTGS) system?
What are the benefits of an efficient payments & settlements system?
What are the benefits of an efficient payments & settlements system?
What is the role of the BSP in the Philippine Payments and Settlements System (PhilPaSS)?
What is the role of the BSP in the Philippine Payments and Settlements System (PhilPaSS)?
What is the objective of the BSP's monetary policy framework?
What is the objective of the BSP's monetary policy framework?
Who directly benefits from the BSP's efforts to promote financial stability?
Who directly benefits from the BSP's efforts to promote financial stability?
What is the role of the National Retail Payment System (NRPS) in the BSP's efforts to promote an efficient payments & settlements system?
What is the role of the National Retail Payment System (NRPS) in the BSP's efforts to promote an efficient payments & settlements system?
Which of the following is NOT a form of money in primitive societies?
Which of the following is NOT a form of money in primitive societies?
What supports our modern incarnation of business?
What supports our modern incarnation of business?
What happens to economic activity when the supply of money increases?
What happens to economic activity when the supply of money increases?
What is the term used to describe the withdrawal of funds from circulation?
What is the term used to describe the withdrawal of funds from circulation?
What is the main objective of the BSP's monetary policy framework?
What is the main objective of the BSP's monetary policy framework?
What is the purpose of the Real Time Gross Settlement (RTGS) system?
What is the purpose of the Real Time Gross Settlement (RTGS) system?
How does a decrease in the supply of money impact economic activity?
How does a decrease in the supply of money impact economic activity?
Which of the following is NOT a form of money in primitive societies?
Which of the following is NOT a form of money in primitive societies?
What are the intangible qualities that support our modern incarnation of business?
What are the intangible qualities that support our modern incarnation of business?
What happens to economic activity when the supply of money in circulation increases?
What happens to economic activity when the supply of money in circulation increases?
What is the main factor that can diminish the ability of money to command commodities of like value?
What is the main factor that can diminish the ability of money to command commodities of like value?
What is the term used to describe the money circulation used in purchasing goods and services?
What is the term used to describe the money circulation used in purchasing goods and services?
What is the impact of the withdrawal of funds from circulation on economic activity?
What is the impact of the withdrawal of funds from circulation on economic activity?
What is the link between economic stability and the supply of money?
What is the link between economic stability and the supply of money?
Flashcards are hidden until you start studying
