Studies in the 1980s and Early 1990s Showed That, in General

Multiple Choice

Studies in the 1980s and early 1990s showed that, in general, greater central bank independence

A) was associated with lower average inflation.
B) was associated with lower average inflation and higher average real GDP growth.
C) was associated with lower average inflation and higher unemployment.
D) was associated with higher average inflation and higher average real GDP growth.