The purpose for which the Central Bank sells securities is to
COMMERCE
WAEC 2021
The purpose for which the Central Bank sells securities is to
- A. reduce the interest rate
- B. reduce cash in the economy
- C. increase cash in the economy
- D. incrcase the interest rate
Correct Answer: B. reduce cash in the economy
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *