A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with highly independent central banks had ________ than countries whose central banks had little independence.
A) higher average inflation rates
B) lower average inflation rates
C) higher average unemployment rates
D) lower average unemployment rates

Question

Quizplus · Accepted Answer

The study conducted by Alberto Alesina and Lawrence Summers concluded that countries with highly independent central banks had lower average inflation rates than countries whose central banks had little independence.

A Study Conducted by Alberto Alesina and Lawrence Summers Concluded