?

AP® Macroeconomics

Free Version

Upgrade subject to access all content

Moderate

Central Banks

APMACR-JAJDLV

Countries that do not have a central bank

A

are all communist countries.

B

do not enact fiscal policy.

C

are unable to steer the economy.

D

usually have higher inflation than countries with a central bank.

E

are considered third world countries because it is the main requirement to be considered a first-world economy.