What are the four key functions of a central bank?
A
- Oversees monetary policy
- Maintains financial-system stability
- Acts as banker to government
- Regulates and supports banks
B
- Sets fiscal policy
- Maintains financial-system stability
- Acts as banker to government
- Regulates and supports banks
C
- Oversees monetary policy
- Maximises bank profits
- Acts as banker to government
- Regulates and supports banks
D
- Controls household borrowing
- Maintains financial-system stability
- Acts as banker to government
- Regulates and supports banks
4.4.3 Role of central banks Flashcards
Flashcards for Edexcel A A Level Economics 4.4.3 Role of central banks, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 23 cards, matched to the Edexcel A A Level Economics (9EC0) specification.