Which of the following is not a function of the central bank? Select one: a. The issuance of bank notes and coins for the country b. Manage foreign exchange c. It acts as the Government’s bank d. Stimulate the economy through government spending
Which of the following is not a function of the central bank? Select one: a. The issuance of bank notes and coins for the country b. Manage foreign exchange c. It acts as the Government’s bank d. Stimulate the economy through government spending
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 14QP
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Question
Which of the following is not a function of the central bank?
Select one:
a.
The issuance of bank notes and coins for the country
b.
Manage foreign exchange
c.
It acts as the Government’s bank
d.
Stimulate the economy through government spending
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