All of the following are true about central bank independence except that it:
A. can be subverted by the actions of fiscal policymakers.
B. can be eliminated by governments in a time of crisis.
C. is usually guaranteed by a country's constitution.
D. is usually given at the pleasure of governments.
Answer: C
Economics
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A) open B) closed C) black D) oligopoly
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Suppose that Year 2 is the base year. The CPI for Year 1 is approximately
A) 80.0. B) 90.0. C) 100.0. D) 120.0.
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In the United States, a patent lasts
A) 7 years. B) 14 years. C) 20 years. D) forever.
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High-income families pay a significantly greater percentage of their income in taxes compared to low-income families.
Answer the following statement true (T) or false (F)
Economics