All of the Following Are True About Central Bank Independence

question 55

Multiple Choice

All of the following are true about central bank independence except that it:

• A) is usually given at the pleasure of governments.
• B) can be eliminated by governments in a time of crisis.
• C) is usually guaranteed by a country's constitution.
• D) can be subverted by the actions of fiscal policymakers.

---

Definitions:

Toxic Chemicals

Substances that can cause harm to humans, animals, plants, or the environment.

Surface Waters

Water that collects on the surface of the ground, including lakes, rivers, and ponds, as opposed to groundwater.

National Effluent Standards

Regulations set by a country to control the discharge of pollutants from industrial sites into water bodies to protect environmental and public health.

Affected Industry

An economic sector or industry that experiences direct impacts, either positive or negative, as a result of specific policy actions, market conditions, or technological changes.