6 Questions
Which of the following best describes the role of money in the economy?
A measure of economic input and output
According to the text, what would be enshrined in law as a fundamental right of citizenship?
Access to credit for acquiring productive capital
According to the text, what would citizens receive from the earnings of the capital they accumulate over the years?
A decent and regular income
According to the text, what is a major barrier to extending access to capital ownership among the poor and middle class?
Collateral requirements
What is suggested as a substitute for traditional collateral requirements?
Commercial loan default insurance
What would be the role of the Capital Credit Reinsurance Corporation (CCRC) according to the text?
To offer portfolio reinsurance
Test your knowledge about money and its role in the economy with this quiz. Explore the concept of money as a measure of economic input and output, as well as its function in establishing rights, obligations, and claims.
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