Question: Provide arguments for and against the proposition that a central bank should be allowed to set its own objectives. (5 marks) Suppose a regulator proposes

Provide arguments for and against the proposition that a central bank

Provide arguments for and against the proposition that a central bank should be allowed to set its own objectives. (5 marks) Suppose a regulator proposes placing an upper limit on the interest rate payable on checking and savings accounts. How would this help or hinder regulation of the banking system during a period of high interest rates

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