The main objective of the Exchange Equalization Account is to ______.
A. prevent undue fluctuation in the exchange value of sterling against other currencies
B. ensure that notes and coins continue to be acceptable as a medium of exchange
C. control the rate of inflation
D. permit the exchange of payments between banks
A．sellB．participateC．supplyD．issue
A. sell
B. participate
C. supply
D. issue
(3)
A. The amount on the cheque is larger than in the account.
B. The car can be covered with your cheque.
C. The cheque you wrote can not cover the car.
D. The amount on your cheque is just that in your account.
Treasury bills are issued ______.
A. by the government to raise funds from the community
B. with terms of 3 months, 6 months, 9 months and 1 year
C. with coupons attached to them
D. with a price higher than the face value
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