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Define what we mean by bank rate and prime rate of interest

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Reference no: EM133306539

Questions

1. Define what credit cards and debit cards are

- Explain if they are part of M1 or M2 money supply and why they are, or are not, a part of M1 or M2

2. Define what we mean by bank rate and prime rate of interest.

3. Define what we mean by pension funds and trust companies.

Reference no: EM133306539

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