Question

Who extends credit to the government?

Is credit good for the economy?





Should the government spend money on credit?





What are two examples of financial institutions?





How and why does the government affect the operation of a financial institution?

Answer 1

Is credit good for the economy? Yes.

Step-by-step explanation:

Yes bc credit helps in economic growth and adds to income.

Answer 2

The Central Bank extends credit to the government.

Step-by-step explanation:

the central bank

empowers the central bank to extend credit only to the central government, or if other public institutions are also entitled to borrow from the central bank, namely local governments and public enterprises.