What factors determine a central bank's independence? What are the benefits of having an independent central bank?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

See More Books

Question Posted: Dec 12, 2015 04:40 AM

See More Questions

What are the benefits of having an audit committee?
What are the benefits of U.S. savings bonds?
What factors determine a companys bond rating?
Discuss the impact of commissions in organizations growth?
A market research field worker needs to interview married couples about use of a certain product. The researcher arrives at a residential building with three apartments. From the names on the...
1) Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a new-found interest in efficiency. Eric is interested in determining the productivity of his...
4 En cuanto a su efecto en el comportamiento de los consumidores, cmo puede clasificarse una PC, como una iMac de Macintosh? A la luz de esa clasificacin, qu acciones recomendara a los fabricantes de...
Scott loves to go to baseball games, especially home games of the Cincinnati Reds. All else equal, he likes to sit close to the field. He also likes to get to the stadium early to watch batting...
Hi - Tek Manufacturing, Incorporated, makes two industrial component parts B 3 0 0 and T 5 0 0 . An absorption costing income statement for the most recent period is shown below: Hi - Tek...
Forecasting the Pan-Pacific Pyramid: Australia, Japan & The United States What are the current spot exchange rate for the following cross rates? a. Japaness Yen/Us dollar exchange rate b. Japanese...
What are anchored inflationary expectations and how do they reduce the cost of an adverse inflation shock?
How does a reduction in the marginal tax rate affect both aggregate demand and aggregate supply?
Three envelopes contain a $500 check, and three envelopes contain a $1000 check. A person randomly selects one of the six envelopes shown below. Each envelope contains a check that the person gets to...
For the past 30 years, the average satisfaction rating for a sushi restaurant has been 3.9 out of 5. If the rating for a sample of 256 people is 4.1 with a standard deviation of 0.5, the critical...
Hash collisions occur when more than one item is mapped to the same element in Hash Table's array. What is one way that a Hash Table can handle collisions?
Scatterplot. In Exercises 5-8, use the sample data to construct a scatterplot. Use the first variable for the x-axis. Based on the scatterplot, what do you conclude about a linear correlation? Pulse...
Given two fair six sided dice and a standard deck of 52 playing cards, calculate the probability of a rolling a sum of 7 or 11 and drawing three cards in which at least one is a face card.
z Scores. In Exercises 5-8, express all z scores with two decimal places. 5. Diastolic Blood Pressure of Females For the diastolic blood pressure measurements of females listed in Data Set 1 "Body...
Which structure is most often used when operations are relatively stable and there is a low rate of change?
Wal-Mart is the second largest retailer in the world. The data file on the disk holds monthly data on Wal-Marts revenue, along with several possibly related economic variables. a) Using computer...
Tn discounted cash flow appraisal of investment projects, future cash flows are discounted at the relevant cost of capital. ' What is meant by the term 'relevant cost of capital'? How is it computed?
Suppose you went to a pet shop to buy a puppy. You saw one you liked, and it cost as much as the highest price you would pay. You take it home and immediately fall in love with it. The next day, your...
The more people show up at an auction and the greater their participation in the bidding, the less consumer surplus is realized by the buyers. Explain.
Picture that great scene in Shakespeare's Richard III. King Richard, alone on the crest of a hill, his horse lost, his sword drawn, facing the oncoming enemy, shouts: "A horse, a horse, my kingdom...
Present Value Computations Using the present value tables, solve the following. ( Click here to access the PV and FV tables to use with this problem. ) Round your answers to two decimal places....
A company provided the following data: Sales $887,000 Variable costs $546,800 Fixed costs $310,000 Expected production and sales in units 36,000 What is the break-even point in sales dollars? Please...
How to solve them..equation and explain ..please.. 1. Selected information from the companys financial records is presented below Equipment, December 31, 2013 $300,000 Equipment, December 31, 2014...

What factors determine a central bank's independence? What are the benefits of having an independent central bank?

Question:

Step by Step Answer:

There are 4 main factors that determine the degree of a central banks independence The length of app...View the full answer

Principles of Economics

Students also viewed these Economics questions