Countries with More Independent Central Banks Tend to Have

question 115

Multiple Choice

Countries with more independent central banks tend to have

• A) higher inflation rates.
• B) lower inflation rates.
• C) lower rates of unemployment.
• D) higher rates of GDP growth.

---

Definitions:

Legislative Branch

A part of a government responsible for making laws, often comprising a parliament or congress, divided into two houses in some countries.

Reconstruction

The period following the Civil War from 1865 to 1877 in the United States, aimed at rebuilding the South and integrating freed slaves into society.

Constitutional Amendment

A modification or change to the Constitution, which is the supreme law of the land, requiring a rigorous process for adoption that often reflects significant shifts in societal values or governance.

Freedmen

Enslaved individuals who were emancipated, especially after the American Civil War, and their descendants.