How can a central bank create money?
What will be an ideal response?
First, because the central bank operates the only authorized printing press in the country, it can actually print money to pay its bills or to acquire assets, thereby increasing the money supply. Second, the central bank can create money by increasing the reserve accounts financial institutions hold with it. For example, if the central bank buys an asset (a government bond say) from a financial institution, it credits the financial institution's reserve account at the central bank for the purchase price of the bond. Because this financial institution can now use this credit to its account to lend money to individuals and businesses, the central bank has, essentially, created money.
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Which of the following is not part of the accounting function?
a. managing the financial information resource of the firm b. capturing and recording transactions in the database c. distributing transaction information to operations personnel d. managing the physical information system of the firm
Which of the following applies to a marketing intermediary who buys brand name toothpaste from 10 different manufacturers, consolidates offerings, and then resells the various brands to 500 supermarkets in Florida?
A) facilitate the production of products without direct customer feedback B) help a company develop a direct channel selling system C) buy small quantities of products from producers and break them down into narrow assortments for customers D) increase the amount of work that must be done by producers and consumers E) transform the assortments of products made by producers into the assortments wanted by consumers
Retailers desiring to minimize consumer cognitive dissonance should focus on consumer after-purchase service and on realistic selling presentations and advertising campaigns
Indicate whether the statement is true or false
Possible ways by which a company can overcome the adverse impact of lean on employees include ______.
A. guaranteeing the jobs of those employees who are dedicated and willing to go through additional training to support lean implementation B. assuring employees that their jobs will not be affected even if they are completely incompetent C. threatening employees with government-approved sanctions D. advising employees who remain that their salary will be doubled