Practice Supply of Money - 2 | Chapter 3: Money and Banking | ICSE 12 Economics
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Supply of Money

2 - Supply of Money

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is M0 in the context of the money supply?

💡 Hint: Think about cash and coins!

Question 2 Easy

List two components of M1.

💡 Hint: Consider what money you can easily use.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is included in M2?

Only cash
M1 and time deposits
Just demand deposits

💡 Hint: Think of it as a combination of cash and savings.

Question 2

Is the following statement true or false? 'An increase in the reserve ratio decreases the money supply.'

True
False

💡 Hint: Higher reserve ratio - what does it mean for lending?

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Discuss how changes in consumer savings behavior can impact the money supply.

💡 Hint: Think about how much money flows in versus out.

Challenge 2 Hard

Evaluate the role of the central bank in controlling inflation and how it relates to the money supply.

💡 Hint: How does adjusting rates affect spending and saving?

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Reference links

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