An efficient ______________ that is comprised of a central bank and a banking system that is able to create and transfer a stable medium of exchange called money.
A)allocation system
B)banking system
C)monetary system
D)market system
E)none of the above

Question

Quizplus · Accepted Answer

The description is best matched with a monetary system, which includes a central bank and a banking system that is responsible for creating and transferring money (medium of exchange) in an efficient manner. The other options are either too broad (market system) or not specific enough (allocation system).

An Efficient ______________ That Is Comprised of a Central Bank