Is it easier for a central bank to be independent in a high-income country or in a
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Is it easier for a central bank to be independent in a high-income country or in a low-income country? What implications does your answer have for what the average inflation rate is likely to be in high-income countries as opposed to low-income countries?
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Lowincome lessdeveloped countries often have more trouble sellin...View the full answer
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Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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