Why is an independent central bank more likely to put emphasis on price stability rather than on

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Why is an independent central bank more likely to put emphasis on price stability rather than on keeping unemployment low, compared with a central bank that is not independent?

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Principles Of Macroeconomics

ISBN: 9781453334980

9th Edition

Authors: John B. Taylor, Akila Weerapana

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Question Posted: Oct 19, 2024 06:02 AM

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Why is an independent central bank more likely to put emphasis on price stability rather than on keeping unemployment low, compared with a central bank that is not independent?
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Why is an independent central bank more likely to put emphasis on price stability rather than on

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Principles Of Macroeconomics

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