A central bank typically has only two tools to affect a country's economy: setting the national interest rate and determining how much currency is in circulation. A. True B. False
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A central bank typically has only two tools to affect a country's economy: setting the national interest rate and determining how much currency is in circulation.
A. True
B. False
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- Which of the following is not a function of the central bank? Select one: a. The issuance of bank notes and coins for the country b. Manage foreign exchange c. It acts as the Government’s bank d. Stimulate the economy through government spendingWhat is the main role of central bank in an economy?All the following statements about a central bank are true except it ________. a. is a public authority b. regulates a nation's depository institutions c. accepts personal deposits d. controls the quantity of money
- What is the main tool used by central banks to influence short-term interest rates and the money supply? A. Fiscal policy B. Open market operations C. Exchange rate policy D. Price controlsWhy central bank can be semi government ?Central banks in developed countries are typically independent of the government. A. True B. False
- Aside from money supply, the Central Bank can also cause ________. a. increases in the employment b. increases in the government’s budget c. increases in the interest rate d. increases in aggregate outputThe main responsibility of a Central bank is: Neither monetary or fiscal policy Both monetary and fiscal policy Fiscal but not monetary policy O Monetary but not fiscal policyWhat is the likely effect of a central bank engaging in open market operations to sell government securities? A. It will increase the money supply in the economy. B. It will decrease the money supply in the economy. C. It will have no effect on the money supply but will increase interest rates. D. It will increase the money supply and decrease interest rates.
