The monetary system is responsible for carrying out the financial functions of creating and transferring money.

Question

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The monetary system is designed to create and transfer money through various financial institutions and mechanisms. This includes the central bank, commercial banks, and other financial intermediaries. Their primary function is to ensure that there is enough money in circulation to facilitate economic transactions and to regulate the money supply to maintain price stability and ensure economic growth.

The Monetary System Is Responsible for Carrying Out the Financial