Explain the distinction between a central bank and a commercial bank.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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Explain the distinction between a central bank and a commercial bank.

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Central banks and commercial banks are key components of a countrys financial system but they perform different roles and have different objectives 1 ...View the full answer

Economics

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