: 1. monetary policy is concerned with the cost money. 2. bank-notes and coins are not the most important form money developed economies. 3. cheques didn’t come general use the second half of the seventeenth century. 4. a payment from one person another merely requires that the banker reduces the amount one deposit and increases it another. 5. the transmission payments means cheques creates problems when the person making 6.the payment has an account a different bank the person receiving the payment. 7. most countries have a central bank, which is responsible the operation the banking system. 8. several merchant banks date back the nineteenth century.

1. Monetary policy is concerned with the cost of money. 2. Bank-notes and coins are not the most important form of money in developed economies. 3. Cheques didn’t come into general use in the second half of the seventeenth century. 4. A payment from one person to another merely requires that the banker reduces the amount at one deposit and increases it at another. 5. The transmission of payments by means of cheques creates problems when the person making 6. The payment has an account at a different bank for the person receiving the payment. 7. Most countries have a central bank, which is responsible for the operation of the banking system. 8. Several merchant banks date back to the nineteenth century