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Anuta_ua [19.1K]
3 years ago
5

A public authority that provides banking services to co m m ercial banks and regulates financial institutions and m arkets is ca

lled a A ) thrift institution. B) com m ercial bank. C ) central bank. D ) m int. E) m oney m
Business
1 answer:
Savatey [412]3 years ago
5 0

Answer:

C ) central bank.

Explanation:

Central bank is also known as banker's bank or bank for commercial banks. They are custodians of cash reserves of commercial banks and lenders too. Commercial banks also store a percentage of it's deposit with commercial banks.

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Answer:

D. Holding cost per unit per year is dependent on the selling price per unit.

Explanation:

The formulas are shown below:

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Carrying cost = average inventory × carrying cost per unit

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