Which of the following phrases best describes people's opposition to having an independent central bank?
A) "show me the money"
B) "garbage in, garbage out"
C) "money doesn't grow on trees"
D) "taxation without representation"
Correct Answer:
Verified
Q26: What is a significant cost of inflation?
A)
Q27: What will time inconsistency cause?
A) It will
Q28: Proponents of zero inflation argue that reducing
Q29: Why should monetary policy be made by
Q30: Which of the following is NOT a
Q32: Suppose that the central bank must follow
Q33: Why is accountability for monetary policy choices
Q34: Suppose that a central bank is required
Q35: Which statement is consistent with the political
Q36: Suppose that the central bank must follow
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