Which of the Following Best Explains Why Independent Central Banks

question 147

Multiple Choice

Which of the following best explains why independent central banks need to be held accountable?

• A)Central banks are used to serving politicians.
• B)They would not otherwise be able to pursue the goal of price stability.
• C)Central bank independence can be taken too far.
• D)Central banks are prone to causing political business cycles.
• E)Central banks do not understand political issues.

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Definitions:

Land Ownership

The legal right or title someone holds to a portion of land, allowing them to use, manage, and distribute the land as they see fit.

Social Equality

The condition in which all individuals within a society have the same status in certain respects, including civil rights, freedom of speech, property rights, and equal access to social goods and services.

Land Ownership

The legal right to possess, use, and control a piece of land.

Equal Opportunity

A principle that stresses the fair treatment of all people without discrimination, often in employment, education, and other areas of public life.