The Two Principal Criticisms of the State-Centered Approach to Monetary

Multiple Choice

The two principal criticisms of the state-centered approach to monetary politics are

A) it is more prescriptive than explanatory and it does not answer what incentives for currency strength exist for the people who run independent central banks.
B) it is more explanatory than prescriptive and it does not answer what incentives for price stability exist for the people who run independent central banks.
C) it is more prescriptive than explanatory and it does not answer what biases against labor exist for the people who run independent central banks.
D) it is more prescriptive than explanatory and it does not answer what incentives for price stability exist for the people who run independent central banks.
E) it is more prescriptive than explanatory and it does not answer what biases for capital savers exist for the people who run independent central banks.