According to Oatley,a Factor That Reduces the Inconsistency Between Democracy

Multiple Choice

According to Oatley,a factor that reduces the inconsistency between democracy and independent central banks is that

A) legislatures cannot withdraw the independence of central banks.
B) central bankers are typically appointed by elected officials for limited terms of office.
C) they are not the only political institutions that are granted independence from electoral politics in democracies.
D) monetary policy is a rather minor policy instrument at a government's disposal.
E) the economic benefit is overwhelming more important than the political inconvenience.