Question
The main reason central bank independence is recommended by most economists is because the central government would a) have an incentive to finance government budget
The main reason central bank independence is recommended by most economists is because the central government would
a) have an incentive to finance government budget deficits.
b) not be capable of managing monetary policy.
c) be too slow in making monetary policy decisions
d) have a longer time horizon.
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Understanding Globalization The Social Consequences Of Political, Economic, And Environmental Change
Authors: Robert K Schaeffer
4th Edition
0742561801, 9780742561809
