6 Questions
What is the function of money in an economy?
Facilitate exchange of goods and services
What is the main role of credit in the economy?
Facilitate investment and consumption
What is the impact of excessive money supply on an economy?
Inflation
Money and credit are not important in the study of economics.
False
Credit plays a minor role in the overall economy.
False
An excessive money supply does not impact the economy.
False
Test your understanding of money and credit in the economy with this quiz. Explore the functions of money, the role of credit, and the impact of excessive money supply. Perfect for students studying economics or anyone interested in understanding the fundamental concepts of money and credit.
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