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16-03-2021
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define central bank.

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brio1124an brio1124an

16-03-2021

Answer:

An institution that manages the currency and monetary policy of a state of formal monetary union and over sees a banking system. The Federal Reserves are in control of these banks

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abctoad abctoad

16-03-2021

A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations. In modern economies, the central bank is usually responsible for the formulation of monetary policy and the regulation of member banks.

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