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How have governments responded to the crisis in terms of central bank mandates?Group of answer choicesThey have eliminated the financial stability mandates of their central banksThey have taken steps to strengthen the financial stability mandates of their central banks and given them additional regulatory powersThey have reduced the financial stability mandates of their central banksThey have left the financial stability mandates of their central banks unchanged

Question

How have governments responded to the crisis in terms of central bank mandates?Group of answer choicesThey have eliminated the financial stability mandates of their central banksThey have taken steps to strengthen the financial stability mandates of their central banks and given them additional regulatory powersThey have reduced the financial stability mandates of their central banksThey have left the financial stability mandates of their central banks unchanged

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Solution

They have taken steps to strengthen the financial stability mandates of their central banks and given them additional regulatory powers.

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