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1. What is deposit destruction? 2. Describe Economic policy of the Czech Republic and their fulfillment...

1. What is deposit destruction?

2. Describe Economic policy of the Czech Republic and their fulfillment of the main goals at present (unemployment, economics growth, inflation and external balance)

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Answer #1

1. Deposit destruction :- Suppose a consumer takes loan from bank and at the end of any month he deposits all the remaining amount which he lended from the bank then Eventually the bank would reduce the amount of all the deposits of consumers account by the value of loan amount bill and removes all new generated money from his account. All this process is known as deposit destruction.

2. Economic policy of the Czech Republic :- The economy of Czech Republic is a enlarged export - situated social market economy based in services, manufacturing and revolution, the keeps a high - income welfare state and the European Social Model.
The government of Czech Republic launched a program depends on policies of price liberation, the opening markets to foreign trade and investment, internal convertibility of the country's currency.

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