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Lu7: The Monetary System, Money Growth and Inflation (Money growth and…

- - - - the yardstick people use to post prices and record debts
    - - an item that people can use to transfer purchasing power from the present to the future
    - - -an item that buyers give to sellers when they want to purchase goods and services.
        -anything that is readily acceptable as payment.
- - - - 1, To issue currency and keep reserves safeguarding the value of the currency
      - 2To act as a banker and financial adviser to the Government
      - 3To promote monetary stability and a sound financial structure
    - - Regulation.
        
        Supervision
        
        Organisational Development,
        
        Investments & Operations,
        
        Economics,