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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2024 · Q101 Mark

What is an important role of a central bank?

Aattempts to achieve price stability
Bissues credit cards
Cprovides loans to producers
Dprovides savings accounts for consumers

✓ Correct answer

A: attempts to achieve price stability

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 10.

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