All of the following are characteristics of independent central banks except:
A)long terms for central bankers.
B)the lack of an obligation to finance the national deficit.
C)budgetary independence.
D)the ability of executive branch to overrule central bank actions.

Question

Quizplus · Accepted Answer

Independent central banks are characterized by their ability to operate without direct interference from the executive branch, meaning the executive branch cannot overrule their actions.

All of the Following Are Characteristics of Independent Central Banks