To be independent, a central bank must have:
A) its policies overturned only by the president.
B) control of its own budget.
C) the board members appointed for very short terms.
D) the chairperson serve as a member of the President's cabinet.
Correct Answer:
Verified
Q48: Central bank accountability means:
A) politicians will establish
Q49: The operational components required for truly independent
Q50: In the United States, monetary policy is
Q51: In the United States, one problem with
Q52: The interest rate decisions made by the
Q54: One argument for an independent central bank
Q55: Most central banks of industrialized countries have
Q56: Exchange-rate stability is likely to be a
Q57: Central banks are in a position to
Q58: Empirical research seems to verify that:
A) countries
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