Question: Central banks may be tempted to decrease unemployment below the natural rate in order to achieve a better outcome in the short run. In order

Central banks may be tempted to decrease unemployment below the natural rate in order to achieve a better outcome in the short run. In order to establish credibility that the central bank will not deviate from its announced policies, which of the following steps might be taken?
A.
Make central banks accountable to elected officials.
B.
Use quantitative easing regularly.
C.
Elect central bank officials rather than appoint them.
D.
Give central bank officials long terms in office.

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