a)Define the term Barter and give an example.2 Marks b)What are two reasons for holding money?2 Marks c)Name two monetary policy tools the central bank could use to either stimulate or contract the economy.2 Marks d)What is meant by the velocity of money?1 Mark e)Given an example of an expansionary monetary policy tool action?1 Mark f)Given an example of a contractionary monetary policy tool action?1 Mark g)If a central bank is using open market operations to stimulate an economy would it buy or sell bonds?1 Mark h)If the central bank wishes to keep the interest rate the same/constant, then if there is an increase in the demand for money it has to be prepared to pump more money in the economy.TrueorFalse? 1 Mark i)Provide an example of a "good" commodity money.1 m)All things equal, if commercial banks want to assist in stimulating economic activity should they lower or raise interest rate on loans to borrowers.1 Mark