Cross-Country Evidence Suggests That an Increase in Central Bank Independence

question 99

Multiple Choice

Cross-country evidence suggests that an increase in central bank independence results in a ________ inflation rate and ________ unemployment.

• A) lower; higher
• B) lower; no worse
• C) higher; lower
• D) higher; higher

---

Definitions:

Notify Principal

The action of informing the principal party or main authority about relevant or important information.

Limited Liability Company

An organizational form that merges the limited liability offered by a corporation with the partnership or sole proprietorship's benefit of pass-through taxation.

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from being personally liable for the acts of the partnership.

Business Organization

A structured commercial or entrepreneurial entity set up according to a particular legal framework to conduct business and provide goods or services.