Author Question: Market economies are more decentralized than planned economies a. True b. ... (Read 148 times)

mp14 · **on:** Jun 30, 2018

Market economies are more decentralized than planned economies
a. True
b. False

Question 2

Which of the following statements is correct?
a. A central bank has absolute control over the nominal interest rate but not the real interest rate.
b. A central bank has absolute control over the real interest rate but not the nominal interest rate.
c. A central bank has absolute control over both the nominal and real interest rates.
d. A central bank does not have absolute control over the nominal interest rate or the real interest rate.