Functions of money and the role of the central bank


Question 1: Discuss hinger savings mean higher investment and higher economic growth in:

  • Estonia
  • UK
  • India
  • Sri Lanka

Question 2: Read the article below and identify key functions of money (bank notes) and the role of the central bank? How do the functions of traditional money change with digital currency? Back up your argument with other external sources.

Article: Designing a digital currency that works-but not too well

The Economist; London Vol. 443, Iss. 9293,  (Apr 23, 2022): S10-S11.

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