The conventional wisdom is that a central bank should be created by the state as a public agency with vast autonomy because, to be effective, it must make unpopular and politically volatile decisions.

Name: The conventional wisdom is that a central bank should be created by the state as a public agency with vast autonomy because, to be effective, it must make unpopular and politically volatile decisions.
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Question

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The statement accurately reflects the conventional wisdom on the creation of a central bank.

The Conventional Wisdom Is That a Central Bank Should Be