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2. Mortgage Bank is an institution to finance mortgages for people to buy homes and still cater mostly to the savings and lending needs of consumers.

3. Credit money arose as a result of the development of credit relations and express the relationship between lenders and borrowers.

4. Bonds is securities, income in the form of interest and produced by state agencies to cover the budget deficit and public companies to raise capital.

5. The financial market is a market with negotiable capital and loans. The financial market it consist of short-term capital market and the market where participants can sell huge quantities of debts with easy.

Білет № 20

The European Central Bank

1. Central banks;2) serve;3) Euro;4) monetary ;5) independent;6) growth;7) interest rates;8) economic;9) money supply;10) rates

II.

C;b;d;a;b;b;c;c;c;a

1. Money supply is cash in circulation and balances of bank deposits in accounts available of individuals, legal entities and the state.

2. With the development of bank credit and banking in general, banks began to issue commercial paper instead of its liabilities is bank notes.

3. The trade turnover generated trading funds in the form of promissory note or commercial paper.

4. ICF is designed to regulate the monetary and credit relations of the Member States and assist them with the balance of payments deficit by providing a short - and medium-term loans in foreign currency.

5. Bank money is also called deposit or credit non-cash money.

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