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The federal reserve bank plays an important roll with (de)/(in)flation, housing the IRS and Treasuries money. When money is granted to a state by the federal government, the money is handed out by the Federal Reserves in the state in which the money was granted.

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βˆ™ 13y ago
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βˆ™ 9y ago

The central bank helps to maintain the external reserves of the country.

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Q: What role does the reserve bank play in the economy?
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