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denis23 [38]
1 year ago
12

What are the duties of a central bank ?.

Social Studies
1 answer:
andrey2020 [161]1 year ago
7 0

Central banks are in charge of implementing monetary policy and controlling the money supply. They are typically tasked with maintaining low inflation and steady GDP growth. To manage the cost of borrowing and lending across an economy, central banks have an impact on interest rates and take part in open market activities.

Globally, central banks are charged with a number of significant duties. The first and possibly most obvious responsibility is the creation of money. Central banks print money, which is then used by individuals, households, and businesses to conduct transactions and, essentially, track where money is being spent.

Additionally, central banks are responsible for ensuring the stability of the financial systems in their respective economies. To do this, they must closely monitor lending standards throughout the economy and guarantee that credit is available when needed. In that situation, they also serve as the government and commercial banks' last-resort lenders.

One of the main functions of central banks is to watch and monitor economic data, and economists use this role to find out what the leading expert on the subject will have to say. And that brings us to the final duty of central banks everywhere, which is to formulate monetary policy. Setting interest rates is the most important tool in the arsenal of monetary policy's many separate instruments. As a result, central banks from all over the world are working in various macroeconomic conditions and will respond in a certain way to ensure that their own economies are doing as they would like.

Learn more about 'central banks' here:

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Answer:

Block grants, is the right answer.

Explanation:

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Answer 1: 
<span>The ability of a test to measure what is purports to measure is called validity.</span> Validity is defined as the ability of a test or study to actually to measure what it claims to measure. For instance, if a test aims to measure a population sample's heart rate, but ends up measuring blood sugar levels instead, it does not have validity, since it did not measure what it claimed or set out to measure. <span>
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Answer 2: Reliability 
refers<span> to the consistency of test results.</span> Reliability can be defines as the ability of a test or measure to consistently produce the same results at different, times, settings or locations. If the same test or measure produces different outcomes or results at different times or locations, it is low in reliability. 
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Thus Mike supervises the work of the factory workers in automobile manufacturing. He is a first-line manager.

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