Central Bank Accountability Means

question 113

Multiple Choice

Central bank accountability means:

• A) politicians will establish goals and central bankers will report on their progress.
• B) central bankers are not accountable to any elected officials.
• C) central bankers are only accountable to the banks in their respective countries.
• D) central bankers must hold press conferences to explain their monetary policy views.

---

Definitions:

Interaction

A phenomenon in statistics and research design where the effect of two or more variables on an outcome is not simply additive but depends on combinations of variables.

Sum of Squares

A statistical measure used to describe the dispersion or variation within a set of values, calculated by squaring the differences from the mean and summing them up.

Error

In statistics, this refers to the difference between a measured or observed value and the true value; it can be due to measurement inaccuracy or variability in the data.

ANOVA

A statistical method used to determine the presence of significant differences between the means of three or more independent groups.