: 1. monetary policy is concerned with the cost money. 2. bank-notes and coins are not the most important form money developed economies. 3. cheques didn’t come general use the second half of the seventeenth century. 4. a payment from one person another merely requires that the banker reduces the amount one deposit and increases it another. 5. the transmission payments means cheques creates problems when the person making 6.the payment has an account a different bank the person receiving the payment. 7. most countries have a central bank, which is responsible the operation the banking system. 8. several merchant banks date back the nineteenth century.