A central bank accepts deposits from
A) the federal government and commercial banks.
B) commercial banks and private businesses.
C) private businesses and individuals.
D) individuals, private businesses, commercial banks, and the federal government.

Question

Quizplus · Accepted Answer

Central banks, such as the Federal Reserve in the United States, primarily accept deposits from the federal government and commercial banks, not from private businesses or individuals directly. These institutions play a crucial role in managing a country's currency, money supply, and interest rates.

A Central Bank Accepts Deposits from