What factors determine a central bank's independence? What are the benefits of having an independent central bank?

Question:

What factors determine a central bank's independence? What are the benefits of having an independent central bank?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

Question Posted: