What Is the Essential Function of Any Central Bank? I

question 127

Multiple Choice

What is the essential function of any central bank? I. Managing the money supply
II. Acting as a lender of last resort
III. Overseeing major business transactions
IV. Preventing the formulation of monopolies
V. Collecting taxes

• A) I and II only
• B) I and III only
• C) I, II, III, and IV
• D) I, II, III, IV, and V

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