The purpose of a central bank is to:
A)control the value of money
B)regulate the supply of money
C)oversee the banking system
D)all of the above

Question

Quizplus · Accepted Answer

The purpose of a central bank is to control the value of money, regulate the supply of money, and oversee the banking system. These functions are all necessary to ensure economic stability and growth. The central bank can adjust interest rates, issue or withdraw currency, and monitor the activities of banks to achieve these goals. Therefore, all the given choices are correct.

The Purpose of a Central Bank Is To