Questions
Single choice
A central bank is said to be "independent" if it is
Options
A.not under the supervision of the executive branch.
B.privately run rather than government run.
C.free from pressure from politicians.
D.not part of the government at all.
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Step-by-Step Analysis
The question asks about the definition of an independent central bank in terms of its relationship to political influence.
Option 1: 'not under the supervision of the executive branch.' While independence often involves some degree of separation from direct executive oversight, this description is too narrow because independence can involve both legislative and m......Login to view full explanationLog in for full answers
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