Why do countries with less independent central banks tend to have higher inflation rates? Is it possible

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Why do countries with less independent central banks tend to have higher inflation rates? Is it possible for the central bank to increase output and reduce unemployment in the long run? In the long run, is the German model a good one? Explain why or why not.
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International Economics

ISBN: 978-1429278447

3rd edition

Authors: Robert C. Feenstra, Alan M. Taylor

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