Many governments give their central bank control over issuing currency because:
A) printing currency can be profitable for a government so government officials may have a strong incentive to print too much.
B) having large amounts of currency can lead to lower rates of inflation.
C) central banks use the profits from issuing currency to finance their operations.
D) the only way to distribute currency to banks is through the central bank.
Correct Answer:
Verified
Q2: Monetary policy in the United States is
Q3: Which is a function of modern central
Q4: The specific goals of central banks include
Q5: The rationale for the existence of central
Q6: Which of the following statements is true?
A)
Q7: The primary objective of most central banks
Q8: In 2015, the average daily volume on
Q9: One monopoly that modern central banks have
Q10: The number of central banks that exist
Q11: The Federal Reserve's Fedwire system is used
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