Generally speaking, central banks in developing economies are:
A)completely independent from political pressures.
B)more independent from political pressures than central banks in developed economies.
C)about as independent from political pressures as central banks in developed countries.
D)less independent from political pressures than central banks in developed economies.

Question

Quizplus · Accepted Answer

Central banks in developing economies are generally less independent from political pressures than their counterparts in developed economies. This is because governments in developing countries may exert more influence over monetary policy decisions to support short-term economic goals, which can compromise the central bank's ability to maintain stable financial conditions.

Generally Speaking, Central Banks in Developing Economies Are