Note AcademyNote Academy

Economics · May / June 2022 · Paper 12 · Question 15

2281Money and banking

Which activity is correctly linked to the organisation that provides it?

  1. Acentral bank — regulate the rate of inflation
  2. Bcentral bank — set direct tax rates
  3. Ccommercial bank — manage the government's financial accounts
  4. Dcommercial bank — safeguard the country's foreign reserves

As printed in the paper

Show the answer

Correct answer: A. central bank — regulate the rate of inflation

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.