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makvit [3.9K]
3 years ago
8

What was thw main goal of estabshing a central banking authority?

Social Studies
1 answer:
dimaraw [331]3 years ago
7 0
The answer to your question is: is to provide the economy the funds when the commercial banks cannot fully cover the supply shortage. This is the main goal of establishing a central banking authority. They are the only institution that provides the bank notes and coins.
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