The main components of market risk are
a) Liquidity risk b) Interest rate risk c) Currency risk
Devaluation of currency leads to
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The balance of an account is determined by
The balance of an account is determined by the difference of credits amount and debits amount in the sheet.
OMO refers to
Open Market Operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.
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Automatic stabilizers refer to
Which of the following is a type of savings vehicle?
A savings vehicle is a bank account that's used to hold your savings.
The basic saving vehicles include :
Savings accounts,
Money market accounts,
Certificates of deposit, and
Stock market.
In recording an accounting transaction in a double-entry system
Which of the following statements about minimum payments is incorrect?
A capital expenditure results in a debit to