All of the Following Are Characteristics of Independent Central Banks

question 45

Multiple Choice

All of the following are characteristics of independent central banks EXCEPT:

• A) long terms for central bankers.
• B) no obligation to finance the national deficit.
• C) budgetary independence.
• D) ability of executive branch to overrule central bank actions.

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Definitions:

Desired Output

The intended result or effect that a system or process aims to achieve.

Closed-Loop Control System

A control system where the output influences the input through a feedback loop, aiming for stable and accurate control.

Modbus

A network that uses a master/slave communication technique.

Fieldbus

An open, all-digital, serial, two-way communications system that interconnects measurement and control equipment such as sensors, actuators, and controllers.