Which of the Following Is a Main Central Bank Function

question 80

Multiple Choice

Which of the following is a main central bank function of the International Monetary Fund?

• A) The conduct of open market operations
• B) The issuance of gold certificates
• C) The provision of monetary policy for member nations
• D) The granting of loans to member nations

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Definitions:

Demand Price

Demand price is the maximum price consumers are willing to pay for a product or service, influenced by factors like income, preferences, and availability of substitutes.

Supply Price

The price at which producers are willing to sell a product, which typically varies in direct relation to the quantity supplied.

Quota Limit

A restriction on the amount or number of a particular good that can be imported or exported.

Ceiling Price

It is a legally imposed maximum price on a good or service, intended to prevent prices from rising above a certain level.