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n200080 [17]
3 years ago
11

An economy in which a central authority draws up a plan that establishes what will be produced and​ when, sets production​ goals

, and makes rules for distribution is a
a. ​laissez-faire economy.
b. command economy.
c. ​public-goods economy.
d. ​free-market economy.
Business
1 answer:
Elan Coil [88]3 years ago
4 0
A laissez-faire economy is one where there is no interference within the government, so that's not correct.

There's no such thing as a public-goods economy (according to google at least), but public goods are things that the government provides for the most part. It's accessible by everyone.

A free-market economy is where the government has little to no control, similar to a <span>​laissez-faire economy, so that's not right.

Your question is literally the definition of a command economy, so that's right!</span>
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Answer(1)

<em>b. interest rate at which banks can borrow reserves from the Federal Reserve</em>

Explanation:

The discount rate is known in America as the rate of interest which a central bank charges on its loans and advances to a commercial bank. This loans and advances are from the federal reserve.

Answer (2)

<em>a. more reserves, causing an increase in lending and the money supply</em>

Explanation:

Excess lending from the national reserve due to a lowered discount rate  will lead to a reserve supply excess into commercial banks throughout the economy and expands the money supply .

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PIT_PIT [208]

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False.

Explanation:

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Furkat [3]
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Hope this helps!
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6 0
4 years ago
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WINSTONCH [101]

Answer:

The correct answer is: a) true

Explanation:

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Source:

World Trade Organization: https://www.wto.org/english/docs_e/legal_e/04-wto_e.htm

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