Reading 28: An Overview of Central Banks-LOS a 习题精选 2011, following, function, central

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Session 6: Economics: Monetary and Fiscal Economics
Reading 28: An Overview of Central Banks

LOS a: Identify the functions of a central bank.

 

 

Which of the following is least likely to be a function of the central bank?

A) Issue currency.

B) Tax collection.

C) Control money supply.

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The three functions of a central bank are to issue a country’s currency, regulate its banking system, and to manage the money supply. Tax collection is typically conducted by a government agency created specifically to carry out that function.

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