Why might eliminating the Banks independence lead to a more pronounced political business cycle?

Question:

Why might eliminating the Bank’s independence lead to a more pronounced political business cycle?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

See More Books

Question Posted: Nov 09, 2018 12:17 PM

See More Questions

Why might eliminating the Fed's independence lead to a more pronounced political business cycle?
1. The short-run aggregate supply curve will move_________ if the economy s actual output is below full-employment output. 2. If the adjustment process works slowly, then economic policy is less...
Why would an increasing marginal cost of producing oil lead to a more spread-out utilization plan?
What items should each staff member receive when beginning a veterinary job position?
Consider the long, straight, current-carrying wires shown in FIGURE 22-49. One wire carries a current of 6.2 A in the positive y direction; the other wire carries a current of 4.5 A in the positive x...
Time cards are being entered into the accounting system for four employees. The costs for Employee 1 are to be billed to job cost code 302.01.01100L. Ten hours of Employee 2 time is to be billed to...
Statement on Auditing Standards No. 62, "Special Reports," is explicit about what is meant by a comprehensive basis of accounting other than GAAP. Of the following, which is not a comprehensive basis...
Chikin, Inc., specializes in chicken farming. Chickens are raised, packaged, and sold mostly to grocery chains. Chickens are accounted for in batches of 50,000. At the end of each growing period, the...
a) Water is running out of a conical funnel at the rate of 5 cm per second. The radius of the cone is 10 cm and height is 20 cm. Determine the rate of change of the water level when its level is 10...
1. Whats your reaction to these events? Do you think your reaction is influenced by the culture, values, and traditions of the country in which you find yourself? Explain. 2. Look at what Hofstedes...
The theory of bureaucratic behaviour indicates that the Bank of Canada never operates in the public interest. Is this statement true, false, or uncertain? Explain your answer.
The independence of the Bank of Canada leaves it completely unaccountable for its actions. Is this statement true, false, or uncertain? Explain your answer.
Which of the following statements regarding reperformance of bank reconciliations is true? a. The auditors reperformance of a reconciliation of the clients bank accounts provides evidence as to the...
Let \(f\) be a scalar function and \(\mathbf{F}\) be a vector field. Prove the following Product Rule for Divergence: \[ \operatorname{div}(f \mathbf{F})=f \operatorname{div}(\mathbf{F})+abla f \cdot...
Thin Co. is a private hospital offering three types of surgical procedure known as A, B and C. Each of them uses a pre-operative injection given by a nurse before the surgery. Thin Co. currently rent...
Calculate the stock price of OSE Water Co. if the difference between the required rate of return on this investment and the expected growth rate of dividends is 3.6% and dividends per share are...
Diehl Cleaners has the following statement of financial position items. Instructions Classify each item as an asset, liability, or equity. Analyze the effect of transactions. Accounts payable Cash...
Ball 1 from Problem 53 is moving away from you at \(5.0 \mathrm{~m} / \mathrm{s}\), and you decide to throw ball 2 at it to make it go faster. Onee again the balls collide head-on, and the...
Answer these questions in light of HIPPA requirements: Does HIPAA apply to the RTGM system? Why or why not? How should the system ensure data security during transmission between a patients mobile...
The figure shows six containers, each of which is filled from the top. Assume that water is poured into the containers at a constant rate and each container is filled in 10 seconds. Assume also that...
How would your prediction differ in problem 13 if the new Keynesian model provides a more accurate description of the economy? What if the traditional model provides the most realistic description of...
If, in a surprise victory, a new administration is elected to office that the public believes will pursue inflationary policy, predict what might happen to the level of output and inflation even...
The closing stock price for each of two stocks was recorded over a 12-month period. The closing price for the Dow Jones Industrial Average (DJIA) was also recorded over this same time period. These...
4.5. Multiplication in GF(24): Compute A(x)-B(x) mod P(x) in GF(24) using the irreducible polynomial P(x) = x++x+1. What is the influence of the choice of the reduction polynomial on the computation?...
Write a C++ program that calculates the volume of a cylinder. Define appropriate variables for the diameter and the height of the cylinder. Assuming the units of these variables are in inches,...
a. Show the d and values that result from running breadth-first search on the directed graph of Fig 1, using vertex A as the source. (Ascending Order) b. Show the d, f and values that result from...

Why might eliminating the Banks independence lead to a more pronounced political business cycle?

Question:

Step by Step Answer:

Eliminating the Bank of Canadas independence might make it more ...View the full answer

The Economics of Money Banking and Financial Markets

Students also viewed these Business questions