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Which of the Following Statements Is True

Question 30

Multiple Choice

Which of the following statements is true?


A) The RBA controls outside money, while inside money is determined by the private banking system.
B) The RBA controls inside money, while outside money is determined by the private banking system.
C) The RBA controls both inside and outside money.
D) The private banking system controls both inside and outside money.

Correct Answer:

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