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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
النسخة 10الرقم المعياري الدولي: 978-0132763646The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
النسخة 10الرقم المعياري الدولي: 978-0132763646 تمرين 22
All questions are available in MyEconLab at www.myeconlab.com.
In some countries, the president chooses the head of the central bank. The same president can fire the head of the central bank and replace him or her with another director at any time. Explain the implications of such a situation for the conduct of monetary policy. Do you think the central bank will follow a monetary policy rule, or engage in discretionary policy?
In some countries, the president chooses the head of the central bank. The same president can fire the head of the central bank and replace him or her with another director at any time. Explain the implications of such a situation for the conduct of monetary policy. Do you think the central bank will follow a monetary policy rule, or engage in discretionary policy?
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This power of the president to threaten ...
The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
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