S5 BTEST - lll
10 important questions on S5 BTEST - lll
What are the main characteristics of the gold standard system?
Who can issue euro banknotes and coins?
What are three main functions of a central bank?
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Does a decrease in the supply of goods cause inflation?
What is the "basket of goods" when talking about inflation?
What is the reserve ratio?
Who are the agents in the circular flow of a closed economy?
How do households and firms interact in the circular flow of a closed economy?
Is self-production measured in the GDP?
Why might self-production not being measured in the GDP be a limitation?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
