ExamPlay Light Logo
Iniciar sesión

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

Explicación

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.

Comentarios (0)

Inicia sesión para comentar
Anuncio
BrainBehindX Inc Logo
©2026; Desarrollado por BrainBehindX Inc