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The Central Bank is the sole supplier of money in an economy.
- a)True
- b)False
- c)Partially true
- d)Can't say
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
The Central Bank is the sole supplier of money in an economy.a)Trueb)F...
False
Explanation:
While the central bank is an important player in the creation and management of money in an economy, it is not the sole supplier of money. Money can be created by various institutions and activities, including commercial banks through the process of fractional reserve banking, government spending, and even individual actions such as bartering. However, the central bank does have a significant role in regulating and controlling the money supply through various tools such as setting interest rates and open market operations.
Explanation:
While the central bank is an important player in the creation and management of money in an economy, it is not the sole supplier of money. Money can be created by various institutions and activities, including commercial banks through the process of fractional reserve banking, government spending, and even individual actions such as bartering. However, the central bank does have a significant role in regulating and controlling the money supply through various tools such as setting interest rates and open market operations.
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The Central Bank is the sole supplier of money in an economy.a)Trueb)F...
The central bank, commercial banks and the government are the suppliers of money in an economy.
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The Central Bank is the sole supplier of money in an economy.a)Trueb)Falsec)Partially trued)Cant sayCorrect answer is option 'B'. Can you explain this answer?
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The Central Bank is the sole supplier of money in an economy.a)Trueb)Falsec)Partially trued)Cant sayCorrect answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about The Central Bank is the sole supplier of money in an economy.a)Trueb)Falsec)Partially trued)Cant sayCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Central Bank is the sole supplier of money in an economy.a)Trueb)Falsec)Partially trued)Cant sayCorrect answer is option 'B'. Can you explain this answer?.
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