The following table shows the money supply for country Z. + Paper money Bank Negara Certificates...
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The following table shows the money supply for country Z. + Paper money Bank Negara Certificates Negotiable Certificates Fixed and Savings deposits in other financial institutions Fixed and savings deposits in commercial banks Current deposits in commercial banks Calculate: a) The amount of coins if the fiat money is RM7,555. b) M1 c) M2 d) M3 Items e) Quasi Money f) Broad Near Money RM (million) 5,000 12,000 7,500 6,000 10,000 85,500 (2 marks) (3 marks) (3 marks) (3 marks) (2 marks) The following table shows the money supply for country Z. + Paper money Bank Negara Certificates Negotiable Certificates Fixed and Savings deposits in other financial institutions Fixed and savings deposits in commercial banks Current deposits in commercial banks Calculate: a) The amount of coins if the fiat money is RM7,555. b) M1 c) M2 d) M3 Items e) Quasi Money f) Broad Near Money RM (million) 5,000 12,000 7,500 6,000 10,000 85,500 (2 marks) (3 marks) (3 marks) (3 marks) (2 marks)
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a Fiat money is that form of currency which has a legal tender and backed by government ... View the full answer
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Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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