ExamPlay Light Logo
Anmelden

WAEC - Economics (2020 - No. 37)

The central bank Can reduce the ability of commercial banks to give out loans by 
raising the bank rates
reducing special deposits
reducing the liquidity ratio
issuing more currency

Erläuterung

One way the central bank can reduce the rate at which banks lend money is by raising the interest rates bank charge on loans, this will discourage people from borrowing from commercial banks.

Kommentare (0)

Zum Kommentieren anmelden
Werbung
BrainBehindX Inc Logo
©2026; Angetrieben von BrainBehindX Inc