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ZIMSEC O-Level Economics

6.12Money and banking

Money and banking in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Topic98 practice questions5 lessons

In this topic

Lessons

  • Barter and money: forms, functions and characteristics

    30 min

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  • Commercial banks, other financial institutions and the central bank

    30 min

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  • Monetary policy: interest rates, money supply and the exchange rate

    30 min

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  • The government budget and fiscal policy

    30 min

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  • Taxation: types, rates and effects

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Money and banking: sample question

1 mark

A country is in a recession with rising unemployment. Which fiscal policy is most suitable?

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