Question
Why might eliminating the central banks independence lead to a more pronounced political business cycle? It would not, because political business cycle and economy are
Why might eliminating the central banks independence lead to a more pronounced political business cycle?
It would not, because political business cycle and economy are not related. | ||
Because eliminating the central bank's independence would lead to shorter election cycles. | ||
Because eliminating the central bank's independence would lead to more centralized power and higher stakes. | ||
Because eliminating the central bank's independence would lead to less need for political donors. | ||
Because eliminating the central bank's independence would lead to higher interest rates. |
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