5 Questions
Who is responsible for issuing and printing legal money in a country?
The Central Bank
What determines the volume of legal money in a country?
The Central Bank
Which of the following is not a traditional function of money?
Issuing and printing
Which of the following is a characteristic of electronic money?
It is not controlled by a central authority
Which of the following is not an example of electronic money?
Traditional currency
Learn about electronic money, which includes electronic cards with stored cash for transactions. Explore the concepts of e-money, digital money, and digital currency.
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