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central banks that have more independence are likely to cause ________ inflation because politicians are unable to pressure them to _________ interest rates in order

central banks that have more independence are likely to cause ________ inflation because politicians are unable to pressure them to _________ interest rates in order ti temporary increase aggregate demand to stimulate the economy (which might help the politician win an election)a) more, increaseb) less, increase c) more, reduce d) less, reduce

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Central Bank Independence vs. Average Inflation Spain 8 New Zealand Italy UK Australia Donman Frandeltona wooden Japan Average Inflation % (1955-1988) Canada United States 3 2 05 1 15 2 25 13 Average Index of Central Bank

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