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What is the role of a monetary system in an effective financial system? a. Pass laws...

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Finance

What is the role of a monetary system in an effective financialsystem? a. Pass laws and set fiscal and monetary policies b. Createand transfer money c. Accumulate and lend/invest savings d. Marketand facilitate transfer of financial assets

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Answer Monetary system It is the set of laws and regulations policies framework and institutions through which money keeps flowing in an economy of the country Pass laws and set fiscal and monetary policies Monetary system makes the policies and set the rules to follow those policies    See Answer
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What is the role of a monetary system in an effective financialsystem? a. Pass laws and set fiscal and monetary policies b. Createand transfer money c. Accumulate and lend/invest savings d. Marketand facilitate transfer of financial assets

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