The Dual Nature of Financial Markets in Developing Countries-Traditional and Modern-Implies

question 132

Multiple Choice

The dual nature of financial markets in developing countries-traditional and modern-implies that central banks in developing countries:

• A)play essentially the same role as they do in developed economies.
• B)find it more difficult to conduct monetary policy than central banks in developed economies.
• C)find it easier to conduct monetary policy than central banks in developed economies.
• D)have effectively no role to play in the conduct of monetary policy.

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Definitions:

Conscientiousness

A personality trait characterized by being organized, dependable, and showing a strong sense of duty.

Interpersonal Relationships

Connections and interactions between two or more people, which may vary in duration and significance.

Attachment Theory

A psychological model that attempts to describe the dynamics of long-term and short-term interpersonal relationships between humans.

John Bowlby

A British psychologist known for his pioneering work in attachment theory.