Question

Identify the correctly matched pair of the items in  Column A to that of Column B.

Column A		Column B
1	Money Supply	(a)	Total stock in circulation
2	Money Creation	(b)	Function of Central Bank
3	Money Stock	(c)	Function of the Commercial Bank
4	Money Demand	(d)	Money in the Banks

Options

• 1 - (a)

• 2 - (b)

• 3 - (c)

• 4 - (d)

Answer 1

1 - (a)

Explanation:

The total stock of money in circulation held by the public at any particular time is referred to as the money supply.