Multiple Choice
Which of the following characteristics of a central bank is expected to enhance monetary policy credibility?
A) The central bankers'short terms that coincide with the terms of the legislature
B) Daily central bank actions that are subject to the review and veto of the executive branch of the government
C) The central bank announcing a numerical inflation target
D) The central bank's obligation to finance the national deficit
Correct Answer:
Verified
Correct Answer:
Verified
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