Every country has a government agency that is responsible for monetary policy, and often for regulating...
Every country has a government agency that is responsible for monetary policy, and often for regulating banks; the general term for this agency is _________.
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The central bank |
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The federal bank |
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The bank supervision authority |
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The treasury |
Which of the following is considered an asset for you, as a university student?
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The 8,000 you owe the university for tuition |
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The 51.47 in paper money and coins that you are carrying with you now for spending money |
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The dorm room that you rent from the university |
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All of the above are your assets. |
Homework Answers
1.A central bank for any country is the place where monetary policy is decided and all the major fiancial decisions are taken .So answer is central bank.
2.An asset is an item or a property which is owned by a person or a company having some value and can be used to meet debt so answer is the paper money and coins
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