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Business, 06.05.2020 05:41 china2221

Which one of the following is an advantage of having an independent central bank? Central banks may be swayed by short term considerations and avoid inflationary policies. Central bank's actions can be frequently monitored by the legislative branch. The central bank independence does not appear to come at the cost of higher output or higher employment. The countries whose central banks are more independent have lower rates of inflation. All of the following are institutional features that make a central bank independent, except when: they are swayed by short run political considerations. they are not obligated to buy newly issued government bonds. their actions are not subject to frequent interference or review. the central bankers are appointed for a longer period of time.

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Which one of the following is an advantage of having an independent central bank? Central banks may...
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