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6 marksMoney and the Banking System

CSEC Economics · May/June 2008 · Paper 2 · Question 3(d)

Explain how the development of money over time has helped to improve the way in which monetary transactions are conducted.

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Other parts of this question

  1. 3(a)Define the term 'credit union'.[2 marks]
  2. 3(b)List THREE functions of money.[3 marks]
  3. 3(c)Explain TWO functions of the Central Bank in your country.[4 marks]

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