Central bank or commercial bank?
Exercise and reference answers
- Left
- Central bank
- Items
- Item
- Issues currency
- Answer
- Central bank
- Item
- Controls money
- Answer
- Central bank
- Item
- Bank to banks
- Answer
- Central bank
- Item
- Takes deposits
- Answer
- Commercial
- Item
- Gives loans
- Answer
- Commercial
- Item
- Holds reserves
- Answer
- Commercial
- Right
- Commercial
- Instructions
- Swipe left for the central bank, right for commercial banks.
Explanation
_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking'_
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