Economic studies conducted in industrially advanced countries suggest there is:

Question

Quizplus · Accepted Answer

The inverse relationship between the degree of independence of the central bank and the size of the average annual rate of inflation implies that greater independence of the central bank leads to lower average annual rates of inflation. This is because an independent central bank has more control over monetary policy, and can make decisions that prioritize price stability over other concerns, such as political pressure or short-term economic growth.

Economic Studies Conducted in Industrially Advanced Countries Suggest There Is