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Which of the Following Is True

Question 89

Multiple Choice

Which of the following is true?


A) Most other industrialized nations have highly decentralized central banks that direct monetary policy and supervise and regulate the banking system.
B) Research has shown that the less independent a central bank is, the more vulnerable it is to political pressure.
C) Research suggests that inflation rates are lowest in countries with the most independent central banks.
D) Both b and c are true.

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