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Which of the following statements about the central bank is TRUE? a.Central banks can fully control macroeconomic conditions through intervention. b.Today, most central banks' reserves
Which of the following statements about the central bank is TRUE?
a.Central banks can fully control macroeconomic conditions through intervention.
b.Today, most central banks' reserves consist largely of U.S. government bonds.
c.Bank of Japan holds only a small level of official reserve assets other than U.K. government bonds.
d.Central banks cannot inject money into the economy.
e.All of the above are true.
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