a) Define a commercial bank and state THREE functions it performs in an economy. (6 marks)
b) Explain FOUR ways in which a central bank controls credit in an economy. (8 marks)
c) State ONE difference between a commercial bank and a central bank. (1 mark)

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a) Define a commercial bank and state THREE functions it performs in an economy. (6 marks) b) Explain FOUR ways in which a central bank controls credit in an economy. (8 marks) c) State ONE difference between a commercial bank and a central bank. (1 mark)

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