The instruments with which central banks borrow reserves to increase the backing ratio to more than 100% are known as:
A) zero coupon bonds.
B) sterilization bonds.
C) repurchase agreements.
D) government-guaranteed bonds.

Question

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The Answer of The instruments with which central banks borrow reserves to increase the backing ratio to more than 100% are known as:
A) zero coupon bonds.
B) sterilization bonds.
C) repurchase agreements.
D) government-guaranteed bonds.

The Instruments with Which Central Banks Borrow Reserves to Increase