The Autonomy of Modern Central Banks Means That Governments Cannot

question 34

Multiple Choice

The autonomy of modern central banks means that governments cannot increase their spending by:

• A) raising taxes.
• B) issuing bonds.
• C) printing money.
• D) either issuing bonds or printing money; both represent debt.

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Definitions:

Teletype Machines

Early communication devices used to send typed messages over long distances through telecommunication lines.