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Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131 Exercise 8
Case Study: Central Bank Independence and Price Stability
One source of independence for the Fed is the term length for members of the Board of Governors. In the chapter before last, we learned that the Fed is a "money machine." Does this suggest another source of Fed independence from Congress?
One source of independence for the Fed is the term length for members of the Board of Governors. In the chapter before last, we learned that the Fed is a "money machine." Does this suggest another source of Fed independence from Congress?
Explanation
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Federal bank independence:
Federal bank...
Macroeconomics 10th Edition by William McEachern
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