Difference between money in circulation and currency

Reference no: EM133295146

Assignment:

Answer given question and put some reference if needed

1. What is the difference between Money in Circulation and Currency? Give an example.

2. Money creation is based on bank regulation: Yes or No? Why?

3. Research on the Philippine Financial System ang give 3 unique characteristics that it has which is different from the Federal Reserve System.

4. How does the kind of money supply matter in the Philippine economic system?

Reference no: EM133295146

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