Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. what is the role of a monetary system in an effect

What is the role of a monetary system in an effective financial system? a. Pass laws...

80.2K

Verified Solution

Question

Finance

What is the role of a monetary system in an effective financialsystem? a. Pass laws and set fiscal and monetary policies b. Createand transfer money c. Accumulate and lend/invest savings d. Marketand facilitate transfer of financial assets

Answer & Explanation Solved by verified expert
4.1 Ratings (611 Votes)
Answer Monetary system It is the set of laws and regulations policies framework and institutions through which money keeps flowing in an economy of the country Pass laws and set fiscal and monetary policies Monetary system makes the policies and set the rules to follow those policies    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

What is the role of a monetary system in an effective financialsystem? a. Pass laws and set fiscal and monetary policies b. Createand transfer money c. Accumulate and lend/invest savings d. Marketand facilitate transfer of financial assets

Other questions asked by students

Q

Answer questions in regards to Botany; Infer a phylogeny when provided with a simple character matrix. Be...

Biology
Q

Why FOMC is important? What does FOMC do? Can the Fed control over the federal funds rate...

Economics
Q

A wire of length L has a rectangular cross-section with height H and width W. The...

Physics
Q

Mark the checkbox for each statement to classify their role as initiators or inhibitors of...

Biology
Q

2 moles of He and 2 moles of O2 are mixed with each other 100R...

Physics
Q

In the following circuit of PN junction diodes D D2 and D3 are ideal then...

Physics
Q

Let f(x) = log3(x-4).a. Use transformations to graph the function.b. Write the domain and range...

Calculus
Q

Nonuniform Inputs, Weighted Average Carter Inc had the following production and cost information for its...

Accounting
Q

A partial balance sheet sheet data for bmx corporation so shown below in millions ?...

Accounting
Q

During the current year, Ron and Anne sold the following assets: (Use the dividends and...

Accounting
Q

A stock quote indicates a stock price of $64 and a dividend yield of 3%....

Finance
Q

You manage a bond portfolio worth $200 million. You wish to hedge your portfolio against...

Finance