6. International evidence indicates that countries with more independent central banks a. experience lower average inflation. b.

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6. International evidence indicates that countries with more independent central banks

a. experience lower average inflation.

b. have more volatile unemployment.

c. raise more revenue in seigniorage.

d. pay central bankers higher salaries.

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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