A central bank is a government-run organization that oversees the currency of a nation or a group of nations and regulates the money supply, or the total amount of money in circulation. Price stability is a primary goal for many central banks.
<h3>What is a central bank and what are its duties?</h3>
An independent national body known as a central bank manages monetary policy, oversees bank regulation, and offers financial services, such as economic research. Its objectives are to maintain low unemployment, avoid inflation, and stabilize the national currency.
<h3>Give an illustration of what a central bank is.</h3>
Economic and monetary policy, as well as the stability of the financial system, are under the control of central banks. These organizations determine interest rates and manage the nation's money supply. One of the world's most potent central banks is the U.S. Federal Reserve.
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<span>Because Athens assumed an ever-more oppressive role, demanding tribute from league members.</span>
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<em><u>It arrived in America 66 days later. Its occupants founded the Plymouth Colony in what is now Massachusetts. It was not a particularly fruitful settlement, but it became the founding myth of the United States.</u></em>
Explanation:
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