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An Economist Argues: "The Only Effective Guarantee of Low Inflation

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Essay

An economist argues: "The only effective guarantee of low inflation is an independent central bank." Do you agree?


Definitions:

Estrogen

A group of steroid hormones that play an important role in the development and maintenance of female sexual characteristics and reproductive functions.

Cowper's Glands

Small glands located on either side of the urethra in males that secrete a pre-ejaculate fluid contributing to lubrication and neutralizing acidity in the urethra.

Mucus

A slippery secretion produced by mucous membranes, serving to moisten and protect them.

Ejaculation

The process of releasing semen from the penis during sexual arousal or orgasm.

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