
Which of the following is an argument that supports the non-independence of a country's central bank from its government?
A) Independent monetary policy decision makers are not answerable to the voting public.
B) Non-independence removes monetary policy from the political electoral cycle.
C) Independent monetary policy is more likely to be inflationary.
D) Non-independence allows the government to sell bonds to finance spending more efficiently.
Correct Answer:
Verified
Q100: The Reserve Bank of Australia is able
Q101: The Reserve Bank of Australia has its
Q102: During economic contractions and recessions of 2008-2009
Q103: Explain the effect that a rise in
Q104: Inflation targeting is a framework for carrying
Q106: Which of the following is not an
Q107: What are the main reasons for keeping
Q108: Present two arguments as to why the
Q109: What is the argument against the independence
Q110: Explain how monetary policy affects aggregate demand,
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