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Which of the following statements regarding central banks is true? a.)A central bank is charged with the regulation of money supply and interest rates. b.)Banks
Which of the following statements regarding central banks is true?
- a.)A central bank is charged with the regulation of money supply and interest rates.
- b.)Banks are not required to maintain cash on hand.
- c.)As the value of the currency becomes more certain, people rely more on commodity standards.
- d.)A run could never happen at a central bank.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
