Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

Which statement is true of both a central bank and a commercial bank?

  • Aissues bank notes: central bank yes; commercial bank yes
  • Blender of the last resort: central bank yes; commercial bank yes
  • Cmaximises profit: central bank no; commercial bank yes
  • Dreceives deposits directly from the government: central bank no; commercial bank yes

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