On the Issue of Central Bank Independence, Evidence Shows That

Multiple Choice

On the issue of central bank independence, evidence shows that

A) there is no correlation between average rates of inflation and central bank independence.
B) countries with lower average rates of inflation have more frequent recessions.
C) countries with lower average rates of inflation have less independent central banks.
D) countries with lower rates of inflation have more effective fiscal policy.
E) countries with lower average rates of inflation have more independent central banks.