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Central banks in developed countries are typically independent of the government.
A. True
B. False
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- How important is the Central Bank in the financial market?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 spendinga. The independence of central banks is desirable, discuss the advantages and disadvantages of this independence.
- Contrast the extent to which central banks are independent in at least 3 develop countries and 3 Caribbean countries.What is the role of the central bank as it relates to its importance to consumers?generally, most of the world's industrail coumtries believe that central banks should be independent of their government. truw false