Central Bank Independence ________

question 43

Multiple Choice

Central bank independence ________.

• A)is receding as democratic movements gain influence around the world
• B)is correlated with relatively high unemployment
• C)remains an obstacle to policy transparency
• D)is the norm in a growing number of countries

---

Definitions:

Ethical

Related to moral principles or the branch of knowledge dealing with these.

Liquidated Debt

A debt where the amount owed is known and determined, not subject to future conditions.

Unliquidated Debt

A debt that has not been determined or calculated because the exact amount owed may not be known.

Consideration

The value (monetary, goods, services, promise) that is given by both parties in a contract, making the agreement legally binding.