Money and Credit Quiz
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Questions and Answers

What is the function of money in an economy?

  • Generate government revenue
  • Control inflation rates
  • Regulate international trade
  • Facilitate exchange of goods and services (correct)

    • What is the main role of credit in the economy?

  • Stabilize exchange rates
  • Control unemployment rates
  • Facilitate investment and consumption (correct)
  • Regulate fiscal policies

    • What is the impact of excessive money supply on an economy?

  • Depreciation of the currency
  • Deflation
  • Stagnation
  • Inflation (correct)

    • Money and credit are not important in the study of economics.

    <p>False</p> Signup and view all the answers

    Credit plays a minor role in the overall economy.

    <p>False</p> Signup and view all the answers

    An excessive money supply does not impact the economy.

    <p>False</p> Signup and view all the answers

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