17 August 2016 . 900am . Wed . Econ : Money & Banking

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Supply of Money

Role of Central bank 

issues notes and coins or the nation currency

manage payments too and from the government

Manage national debt

supervises banking systems, regulating the conduct of banks

lender of the last resort to the banking system

manages the nations gold and foreing currency reserves

operates the governments monetary policy

Role of commercial bank

Accepting deposit

providing loans and advances

Providing other banking services and facilities

Aggregate Supply



Determinants of Aggregate Supply
Input prices

Prices of imported resources.

Consumption, Saving and Investment.