A potential problem of a more politically controlled central bank is that
A) politicians may want to pursue monetary policies that are bad in the short run but good in the long run.
B) politicians may want to pursue monetary policies that are good in the short run but bad in the long run.
C) politicians may take too long to decide on the direction of monetary policy.
D) conducting both monetary policy and fiscal policy as part of the political process may produce inconsistent results.
Correct Answer:
Verified
Q11: In the 2017 UN working paper entitled
Q12: When the link between M1, M2, and
Q13: Which of these is most often used
Q14: Which of these is an advantage of
Q15: Which of the following arguments is not
Q17: Monetary policy has the best chance of
Q18: Those who argue against the pursuit of
Q19: To get around the problems of information
Q20: Suppose the current real federal funds rate
Q21: Having to deal with the political process
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents