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We say that a central bank lacks credibility if? a. Its decisions are dependent upon the day-to-day oversight of elected officials. b. None of the
We say that a central bank lacks credibility if? a. Its decisions are dependent upon the day-to-day oversight of elected officials. b. None of the other answers are correct. c. It has a publicly announced low inflation target. d. It has a reputation for having achieved and being committed to low inflation
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