ECO444 Email: bbcnoun@gmail.com Whatsapp: 08131667008 One of these is not an objective of credit control performed by the Central Bank of Nigeria Answer: supplying liquidity The accronym DSU imply Answer: deficit spending unit E-money was introduced in in Nigeria in the year Answer: 1996 The accronym SSU means Answer: surplus spending unit Precautionary money demand is influenced by level of Answer: income Financial intermediation involves partly fund allocation to Answer: ssu One of the following is not a function of capital market Answer: wealth formation Financial intermediation include all except Answer: money control One of the following functions of money affected by inflation Answer: standard for deffered payment The Bank for International Settlements was established in Answer: 1930 Money as a standard of deferred payment is a function of money? Answer: secondary Standard for deferred payment and two(2) functions of money affected by inflation? are Answer: store of value is a diagram that discuses economic relationship between inflation and unemployment Answer: philip curve The Cambridge school of economics viewed the demand for money as the motive Answer: precautionary Speculative demand for money is a function of Answer: interest rate Milton Friedman is regarded as the leader of which School of Thought? Answer: monetarist The total amount of bank notes and coins in circulation plus currency reserve held by the commercial banks is referred to as Answer: high powered money A financial institution that is not supervised by any banking regulatory agency is referred to as Answer: non bank finacial institution Financial intermediation involves in part, fund mobilisation from Answer: dsu E-money is the same as policy Answer: cashless Email: bbcnoun@gmail.com Whatsapp: 08131667008