Mossogp Mossogp
  • 02-09-2021
  • History
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Explain how Green banks affected the monetary system.

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quackerysa
quackerysa quackerysa
  • 02-09-2021

Answer:

Banks fulfil several key functions in the economy. They improve the allocation of scarce capital by extending credit to where it is most productive, as well as allowing households to plan their consumption over time through saving and borrowing (Allen and Gale 2000)

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