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 Quiz_Solution_Spring_2007_MGT411_7 |
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| 1- Which of the following appears as a liability in the balance sheet of the central bank?
A. Currency
B. The government’s deposit account
C. The deposit accounts of the commercial banks
D. All of the given options
2- The transaction in which central bank buys or sells foreign currency reserves is known as:
A. Foreign exchange intervention
B. Open market operation
C. Discount loans
D. Reserve requirement
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