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1. What is the main idea of the chapter on monetary system? 2. What are the institutions that work under Malaysia's monetary system?3. What are

1. What is the main idea of the chapter on monetary system?

2. What are the institutions that work under Malaysia's monetary system?3. What are the roles of central bank in an economy?

4. Explain 'money creation' and the concept of multiplier in a fractional reserve banking system.

5. What are the 3 tools of monetary policy that you know? Explain briefly each one of them.

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