Which of the following best describes the main responsibility of a central bank? * A. it acts as an intermediary in the financial market B. it ensures an efficient and safe financial market C. it facilitate the flow of funds in the financial market D. all of the above E. none of the above
Which of the following best describes the main responsibility of a central bank? * A. it acts as an intermediary in the financial market B. it ensures an efficient and safe financial market C. it facilitate the flow of funds in the financial market D. all of the above E. none of the above
Chapter12: Money, Banking And The Financial System
Section12.4: The Financial System
Problem 2ST
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Which of the following best describes the main responsibility of a central bank? *
A. it acts as an intermediary in the financial market
B. it ensures an efficient and safe financial market
C. it facilitate the flow of funds in the financial market
D. all of the above
E. none of the above
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