One method through which the Central Bank can restrict the commercial banks' power of credit...
ECONOMICS
JAMB 1995
One method through which the Central Bank can restrict the commercial banks' power of credit expansion is to?
- A. demand for increased special deposit
- B. decrease the cash ratio
- C. buy securities in the open market
- D. reduce the rate of interests at which banks borrow from it
Correct Answer: A. demand for increased special deposit
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