Which of the following best describes the main responsibility of a central bank? * A. it acts as an intermediary in the financial market B. it ensures an efficient and safe financial market C. it facilitate the flow of funds in the financial market D. all of the above E. none of the above

Which of the following best describes the main responsibility of a central bank? * A. it acts as an intermediary in the financial market B. it ensures an efficient and safe financial market C. it facilitate the flow of funds in the financial market D. all of the above E. none of the above

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Savings,investment And The Financial System

Section: Chapter Questions

Problem 1QR

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Question

Which of the following best describes the main responsibility of a central bank? *
A. it acts as an intermediary in the financial market
B. it ensures an efficient and safe financial market
C. it facilitate the flow of funds in the financial market
D. all of the above
E. none of the above

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Please answer in short but ASAP