What does the term "central bank independence" stand for? (a) The central bank is an independent authority (like a sovereign nation) that prints its own money and levies taxes on its own citizens (b) Employees of the central bank (chairman, governors, economists) are independently elected by members of the national parliament (c) The central bank is independent from the national parliament in its decisions about taxes and government spending (d) The central bank is free to pursue its mandates without any political interference.