What is the role of money in an economy?
Money facilitates trade, serves as a store of value, and measures economic transactions.
How do banks help in the circulation of money?
Banks accept deposits, provide loans, and enable transactions.
What is inflation?
Rising prices over time.
Boxing legend
Muhammad Ali
Uncrowned prince( definition )
In football
Neymar JR
What is the difference between a central bank and a commercial bank?
A central bank controls monetary policy, while commercial banks serve individuals and businesses.
How does inflation affect the purchasing power of consumers?
Inflation reduces money's value, making goods and services more expensive.
Why do governments print money?
Stimulus, debt, inflation.
Most famous member of BTS
Jungkook
Full name of Cristiano Ronaldo
Cristiano Ronaldo dos Santos Averio
How do financial markets contribute to economic development?
They allocate capital efficiently, supporting business growth.
How does diversification reduce risk?
Spreads investments across assets.
How does high inflation affect savings?
Reduces purchasing power.
King and queen of pop
Michael Jackson an Madonna
What is Nodirbekb Abdusattarov's current chess ches in the world?
6th
What are the key functions of monetary policy in stabilizing the economy?
It controls inflation, interest rates, and money supply.
How do government fiscal policies impact financial markets?
Taxation and spending influence investment and economic growth.
What causes stagflation?
High inflation, low growth.
Silent film legend
Charlie Chaplin
How long is Usain Bolt’s 100m record?
9.58s
How does financial globalization influence economic stability and crises?
It increases investment opportunities but spreads financial risks.
What are the main causes and consequences of financial market bubbles?
Speculation inflates prices; crashes lead to economic downturns.
How do interest rates impact currency value?
Higher rates attract investment.
What is MrBeast’s name?
Jimmy Donaldson
Longest team sport
Cricket test match