There Is a Strong Consensus Among Economists That Monetary Policy

question 23

Multiple Choice

There is a strong consensus among economists that monetary policy is more effective when it is formed:

• A) by an individual rather than a committee.
• B) in secrecy without the reasoning behind it being revealed for many years.
• C) to keep financial markets guessing.
• D) independently of political pressure.

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Definitions:

Independence

The state or quality of being self-reliant and free from outside control; not depending on another's authority.

Asian and African Parents

Refers to the parenting styles and cultural practices observed among families of Asian and African heritage, often emphasizing respect, education, and discipline.

Authoritative Parents

A parenting style characterized by high expectations of maturity and high responsiveness, balancing demands with emotional support.

Responsive

Showing a positive or cooperative reaction to something.