Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.
Sagot :
When commercial banks are unable to meet a funding shortfall, the central bank, sometimes known as the "lender of last resort," is in charge of supplying funds to the country's economy.
In other words, the central bank funds guards against the collapse of the nation's banking system. A central bank is a financial organisation in charge of monitoring a country's monetary system and policies, controlling the amount of money in circulation, and determining interest rates. Due to their position as a bridge between savers and borrowers, banks serve as financial intermediaries. Savings account holders deposit money with banks, then take interest payments and cash out.
To learn more about central bank, click here.
https://brainly.com/question/28024310
#SPJ4
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
