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Inflation is the constant rise in the general price level. Inflation is the constant rise in the general price level.

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โˆ™ 2007-10-14 00:09:13
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US Civil War

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Why were poll taxes created

What is a graduated income tax

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When Abraham Lincoln was elected president what was the result for the southern states

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Q: What is the purpose of central bank act?
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Which year was Central Bank of Nigeria established?

Central bank was established by the CBN Act of 1958 and commenced operations on July 1, 1987.


How does the central bank act as a banker to the government?

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The purpose of a central bank is frame the rules and guidelines that must be followed by all banks that operate in that country. Their job is to oversee the operations of all banks and make sure that customer interest is protected by all means. The Federal Reserve is the central bank in USA, Reserve Bank of India is the central bank of India.


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