radomes.openskiesproject.org
lagnew lagnew
  • 07-06-2016
  • Social Studies
Answered

what was thw main goal of estabshing a central banking authority?

Verified Answer :

metchelle
metchelle metchelle
  • 14-06-2016

The answer to your question is: is to provide the economy the funds when the commercial banks cannot fully cover the supply shortage. This is the main goal of establishing a central banking authority. They are the only institution that provides the bank notes and coins.

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