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Economics•SHS Money & Banking

Money and banking

Senior High 6 questions
AI-drafted from platform data — specialist review scheduledBy DigiTransact Mastermind editorial team
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What money and banking means

Functions of money, banks and the central bank.

Worked example

One question from this skill's own question bank, shown with its full working.

Question

Which is NOT a function of money?

  • medium of exchange
  • store of value
  • unit of account
  • source of pollution
Answer: source of pollution

Working: Money is a medium of exchange, store of value and unit of account.

Curriculum and exam alignment

Ghana GES SHS syllabusWASSCE

Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.

Other Economics topics

MicroeconomicsMacroeconomicsUniversity EconomicsDevelopment & International TradeWASSCE Past Questions

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Exams that assess money and banking

Senior High work on this skill feeds directly into these exam papers. Each page lists the Economics topics that appear on it.

WASSCEWASSCE practice questionsFree WASSCE practice across the subjects at this stage, with worked answers.GESGES practice questionsFree GES practice across the subjects at this stage, with worked answers.CFACFA practice questionsListed as a related subject on the CFA practice page.

How this page was produced

This text was drafted with AI assistance from the questions and topics already stored on the platform. A subject-specialist review is scheduled but has not yet been recorded, so we do not claim it here.

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6 questions with a worked answer after every attempt, and a SmartScore that tracks how close you are to mastery.

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