Advantage of having an independent central bank

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Which one of the following is an advantage of having an independent central bank?

a. Central bank’s actions can be frequently monitored by the legislative branch

b. Central banks may swayed by short term considerations and avoid inflationary policies.

c. The countries whose central banks are more independent have lower rates of inflation

d. The central bank independence does not appear to come at the cost of higher output or higher employment

Reference no: EM13695910

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