Question
12. What is the primary objective of the ECB? Why? 13. Which other options there could be for a central bank objective (look at the
12. What is the primary objective of the ECB? Why?
13. Which other options there could be for a central bank objective (look at the Federal Reserve in the US and at the Bank of England mandate)?
14. Why the Treaty imposes independence from the political power on the ECB and the national central banks?
15. What is a central bank? A public entity? A private company? One of the powers of the State separate from the three powers? A EU institution (in Europe)?
16. Which are the main tasks of a central bank? what is their purpose? What about prudential supervision, does it belong to central banking
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
