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Why is the supply of money in an economy not solely determined by central bank?
Wiki User
∙ 11y ago
The supply of money IS controlled by the central bank. However, in some countries the politicians interfere with the Central Bank.
Wiki User
∙ 11y ago
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Is England an planned economy?
No, the UK is a Market economy. A market economy is one in which in which the prices of goods and services are determined by supply and demand.
What is The supply of money in the US economy determined primarily b?
Federal Reserve
In a market economy income is primarily determined by?
the quantities and prices of the resources that households supply.
What refers to the adjustment of an economy's money supply by central bank?
A+ answer: monetary policy
What refers to the adjustment of an economy's money supply by a central bank?
A+ answer: monetary policy
How can price be determined in a free market economy?
In a perfect free-market economy, price is determined by supply and demand.
What agencies determined money supply?
Money supply is determined exogenously by the monetary authority usually central bank of a country.
Is England an planned economy?
No, the UK is a Market economy. A market economy is one in which in which the prices of goods and services are determined by supply and demand.
What is The supply of money in the US economy determined primarily b?
Federal Reserve
In a market economy income is primarily determined by?
the quantities and prices of the resources that households supply.
What refers to the adjustment of an economy's money supply by a central bank?
A+ answer: monetary policy
What refers to the adjustment of an economy's money supply by central bank?
A+ answer: monetary policy
In a market economy the distribution of output will be determined primarily by?
the quantities and prices of the resources that households supply.
What about fiscal policy is not true?
It refers to the adjustment of an economy’s money supply by a central bank.
How does the market economy function?
Market economy functions under the price mechanism. Prices of goods and serviced are determined by the interaction of demand and supply forces.
How is the price of labor determined?
By supply and demand, in a totally unfettered economy. Many nations have a legislated minimum wage.
What statement about fiscal policy is not true?
It refers to the adjustment of an economy’s money supply by a central bank.
