Which of the following is least likely to enhance central bank credibility?
A)"town meetings" on the topic of monetary policy
B)policy makers' expertise
C)independence from short-run political influences
D)accurate measurement of macroeconomic variables

Question

Quizplus · Accepted Answer

While town meetings may increase transparency and communication between the central bank and the public, they may not necessarily enhance the credibility of the central bank. In fact, such meetings may lead to confusion or disagreement among the public and may not be seen as a credible source of information. Expertise, independence, and accuracy of measurement are more likely to enhance central bank credibility.

Which of the Following Is Least Likely to Enhance Central