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WAEC Economics 2010 Paper
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© africaexams.com
Question : 37
Total: 48
One of the functions of the Central Bank is
production of goods
issuing of currency
presenting budgets
printing of cheque books
Validate
Solution:
Functions of Central Bank
Issue money.
Lender of Last Resort to Commercial banks.
Lender of Last Resort to Government.
Target low inflation.
Target growth and unemployment.
Operate monetary policy/interest rates.
Unconventional monetary policy.
Ensure stability of the financial system.
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