According to Figure 13.6,which plots data for 1969-1995,the two countries with the lowest unemployment with the least central bank independence were
A) Italy and Belgium.
B) Norway and Japan.
C) Japan and Sweden.
D) Austria and Germany.
E) Italy and Canada.

Question

Quizplus · Accepted Answer

According to Figure 13.6, Norway and Japan had the lowest unemployment rate among the countries mentioned, and they also had the least central bank independence. Therefore, option B is the correct answer. The other countries listed in the options either had higher unemployment rates or higher levels of central bank independence.