If Congress Controlled Central Bank Decisions, It Would Have

question 16

Multiple Choice

If Congress controlled central bank decisions, it would have

• A)a short-run incentive to lower the target rate of inflation.
• B)no political incentive to adjust the target rate of inflation in the short run.
• C)a long-run incentive to lower the target rate of inflation.
• D)a long-run incentive to raise the target rate of inflation.
• E)a short-run incentive to raise the target rate of inflation.

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Definitions:

Location Types

Various categories of places where businesses can operate, including urban, rural, industrial, and commercial areas.

Craft Store

A retail establishment that sells materials and supplies for art, hobbies, and handcrafting projects.

Artisans

Skilled craftworkers who make goods by hand, often with traditional methods and materials.

Central Business District

The commercial and often geographical heart of a city, characterized by a high concentration of office buildings, retail shops, and other businesses.