What Is Typically Not Considered a Characteristic of a Central

question 25

Multiple Choice

What is typically not considered a characteristic of a central bank?

• A) The bank backs its currency with gold or silver.
• B) The bank has considerable control over the stock of money and uses this control to moderate fluctuations in credit conditions and prices.
• C) The bank regulates other banks.
• D) The bank lends a lot of money to the government.
• E) The bank serves as a lender of last resort to other banks by lending them money when no one else will.

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Definitions:

Iris

The pigment-rich section of the eye responsible for regulating pupil size and controlling the influx of light.

Receptor Cell

Receptor cells are specialized cells found in the sensory organs that respond to specific stimuli, such as light, sound, or chemicals, and convert them into neural signals.

Seeing Colors

The ability of the eye and brain to interpret various wavelengths of light as different colors, a process involving the retina's cone cells.

Cones

Photoreceptor cells in the retina of the eye that function best in bright light and enable color vision.