If a Central Bank Does Not Have Full Control of the Supply

question 4

Multiple Choice

If a central bank does not have full control of the supply of money, supply is ____ on a graph of the supply and demand for money.

• A) upward sloping
• B) downward sloping
• C) vertical
• D) horizontal

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Definitions:

Cannabis

A genus of flowering plants in the family Cannabaceae, known for containing psychoactive compounds like THC, used both recreationally and medicinally.

Describes

To give an account of in words, including characteristics, qualities, or events.

Recreational

Activities or pursuits engaged in for enjoyment, relaxation, or leisure, not taken as a serious or full-time occupation.

Medical

Pertaining to the science or practice of medicine, which involves the diagnosis, treatment, and prevention of disease.