CIMA Updated BA1 Exam Questions and Answers by morgan

central banks are 'lenders of last resort' and provide commercial banks with cash when needed

banks are required to hold enough capital to meet bad debts.

banks hold accounts at the central bank which are available as cash.

customers only want some of their deposits in the form of cash in any given period.

Upwards from right to left.

Upwards from left to right.

Downwards from left to right.

Downwards from right to left.

Higher price, more sold, fall in revenues of cheese makers

Higher price, less sold, fall in revenues of cheese makers

Higher price, more sold, rise in revenues of cheese makers

Higher price, less sold, rise in revenues of cheese makers