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The second section talks about the central bank in the Indonesia.
Section E: Central Bank Structure.
1- Summery about it:
Central bank: is an institution designed to oversee the banking system and regulate the quantity of money in the economy.
The central bank in the United State and agency in it is Federal Reserve, often simply called the Fed.
The Central Bank was created in 1914 after a series of bank failures in 1907 convinced Congress that the United State needed a central bank to ensure the health of the nation's banking system.
The primary elements in the Central Bank System are:
1) The Board of Governors
2) The Regional Federal Reserve Banks
3) The Federal Open Market Committee
Today, the Central bank is run by its board of Governors, which has seven members appointed by the president and confirmed by the Senate...
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