Empirically,those nations with the strongest,most independent central banks
A) have the highest sacrifice ratios
B) have the lowest inflation rates
C) have, paradoxically, relied primarily on fiscal policy for stabilization
D) experience longer implementation lags than those with weaker central banks
E) have the most volatile economies

Question

Quizplus · Accepted Answer

Strong and independent central banks are able to effectively control inflation through monetary policy. This leads to lower inflation rates in these nations.

Empirically,those Nations with the Strongest,most Independent Central Banks