Distinguish Among Money, Income, And Wealth. Which One Of The Three Does The Central Bank Of A Country Control?

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13-04-2022
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Distinguish Among Money, Income, And Wealth. Which One Of The Three Does The Central Bank Of A Country Control?

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jayilych4real jayilych4real · Answer 1 · 2022-04-25T11:34:42+02:00

The thing which a Central Bank controls from the answer choices is Money.

What is Money?

This refers to the legal tender that is used as a form of exchange for goods and services.

Hence, we can note that the Central Bank of a country is in charge of printing money, making new economic policies, etc and they control money flow and have no business with controlling income or wealth.