passwella.
Menu

WAEC Economics 2007 Question 37

Question 37

Financial Institutions

Monetary control measures are coordinated by

  1. A.development banks
  2. B.merchant banks
  3. C.commercial banks
  4. D.the Central Bank.
Show the answer and explanation

Answer: D (the Central Bank.)

Explanation

The central bank carries out monetary policy for the government.