Note AcademyNote Academy

Economics (AS & A Level) · May / June 2022 · Paper 32 · Question 24

9708Money and banking

In which context relevant to growth in the money supply is the term total currency flow used?

  1. Athe money flow between central banks and commercial banks
  2. Bthe money flow between central banks and governments
  3. Cthe money flow between domestic residents and foreign residents
  4. Dthe money flow between the general public and the financial sector

As printed in the paper

Show the answer

Correct answer: C. the money flow between domestic residents and foreign residents

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.