One of the Main Roles of a Central Bank Is

question 95

Multiple Choice

One of the main roles of a central bank is:

• A) managing the nation's money demand.
• B) coordinating the banking system to ensure a sound economy.
• C) accepting deposits from households and other private individuals.
• D) funding federal government spending.

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Definitions:

Western Developed World

Countries in the Western hemisphere that are considered developed due to their advanced economies, technologies, and standard of living.

Cultural Ideals

Shared beliefs or values within a society regarding what is considered desirable or preferable behavior, traits, or ways of life.

Cultural Ideals

The values and norms that are widely held and celebrated within a culture.

Traditional Social Responsibility

The ethical framework that suggests an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.