Which function do central banks and commercial banks have in common?
Select ONE answer:
- acting as a banker’s bank
- controlling monetary policy
- dealing with foreign exchange
- supervising the banking system
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS4 and KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct
- Not correct
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