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Define central bank in your own words. ​
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9 votes
9 votes
Define central bank in your own words. ​

User Smace
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22 votes

Step-by-step explanation:

Well, a central bank is a financial institution that is responsible for overseeing the monetary system and policy of nation or group of nations, regulating money supply, setting interest rates, a central bank can be a lender of last resort to troubles financial institutions and even government...

if that makes any sense, hope this helps!!!

User Rgantla
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