Instrument Independence Means the Central Bank Is Free from

question 98

Multiple Choice

Instrument independence means the central bank is free from

• A) political pressure regarding how it uses the tools of monetary policy.
• B) political pressure regarding the goals it pursues.
• C) both A and B of the above.
• D) neither A nor B of the above.

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Definitions:

Standard Business Mileage

The set rate per mile the IRS allows for deduction when an individual uses their personal vehicle for business purposes.

Automobiles

Self-propelled vehicles designed for transport on public roads, commonly referred to as cars.

Cents Per Mile

An IRS-allowed method of calculating deductions for business vehicle expenses based on miles driven.

Net Investment Income

The total income received from investment assets, like stocks and bonds, minus related expenses.