Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

11th edition

9781259278617, 77861647, 1259278611, 978-0077861643

More Books

Students also viewed these Finance questions