The main problem with central banks is which of the following?

A. Human B. Moral C. Institutional D. Political

The dominant form of the monetary institution in the world today is... A. reserve currency B. discretionary C. rules-based D. fiat currency

Constrained discussion fails because it places insurmountable ________ and _________ burdens on those whom we ask to run central banks and implement monetary policy. A. proof, debate B. formulation, implementation C. policy, political D. information, incentive

Incentive problems lead to knowledge problems

True

False