Economic studies conducted in industrially advanced countries suggest there is
A) a positive relationship between the degree of independence of the central bank and the size of the average annual rate of inflation.
B) an inverse relationship between the degree of independence of the central bank and the size of the average annual rate of inflation.
C) no relationship between the degree of independence of the central bank and the size of the average annual rate of inflation.
D) a positive relationship between the degree of independence of the central bank and the size of the central bank.
Correct Answer:
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