ECO444 Tma Solutions

ECO444

Question: One key traditional banking role is
Answer: deposit acceptance

Question: Money isnVt just as a result of barter, but for
Answer: flow of businesses

Question: First Bank of Nigeria was occasined by
Answer: change in the share structure

Question: Non-bank instigations are created majorly to support the economy via
Answer: long-term loans

Question: Financial assets in Nigeria are
Answer: (loans, bond and shares

Question: In an economy, the financial markets are mainly
Answer: money and capital markets

Question: One form of capital market in Nigeria is
Answer: The Nigeria stock exchange

Question: Money demand theory isnVt quantity theory of money?
Answer: false

Question: Fractioanl reserve system principle means
Answer: keep some and release some

Question: One of the Strategies directed at regulating the volume of money in societies is
Answer: monetary policy

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