Question
a)The UK central bank - Bank of England (the Bank) is responsible for keeping inflation low and stable. The UK Government has set the Bank
a)The UK central bank - Bank of England (the Bank) is responsible for keeping inflation low and stable.
The UK Government has set the Bank atarget of keeping inflation at 2%.
-Critically discuss
1- what central bank independence is?
2- why it is suitable for modern monetary policydecision?
3-In the current case,what type of independence does the Bank of England have
4-what is it meant to the Bank in terms of achieving itsgoals?
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
