Study

UNIT 7 - CENTRAL BANKING

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  • to spend money on goods and services.
    consume
  • money invested in companies, to buy buildings, machinery, etc.
    capital
  • an agreed plan of what to do
    policy
  • what people consume and how much they invest
    demand
  • the quantity of goods and services offered for sale by companies
    supply
  • checking and evaluating financial records
    auditing
  • a general, continuous increase in prices
    inflation
  • a level or situation which you intend to achieve
    target
  • potential sources of danger
    threats
  • the rate at which the central bank lends money to commercial banks.
    base rate
  • work done by people employed by businesses
    labour
  • factories, and the machines and equipment in them
    plant
  • the money that a company receives from supplying goods or services
    income