Question

Every country has a government agency that is responsible for monetary policy, and often for regulating...

Every country has a government agency that is responsible for monetary policy, and often for regulating banks; the general term for this agency is _________.

The central bank

The federal bank

The bank supervision authority

The treasury

Which of the following is considered an asset for you, as a university student?

The 8,000 you owe the university for tuition

The 51.47 in paper money and coins that you are carrying with you now for spending money

The dorm room that you rent from the university

All of the above are your assets.

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Answer #1

1.A central bank for any country is the place where monetary policy is decided and all the major fiancial decisions are taken .So answer is central bank.

2.An asset is an item or a property which is owned by a person or a company having some value and can be used to meet debt so answer is the paper money and coins

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