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horsena [70]
3 years ago
9

Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output f

luctuations.
True
False
Business
1 answer:
andrezito [222]3 years ago
4 0

Answer:

False

Explanation:

Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output fluctuations is a false statement as we know that, an independent Central Bank could have higher credibility. If somebody has a higher conviction in the Central Bank, this accommodates to subdue inflationary expectations. Indeed, this causes inflation more accessible to keep lowering.

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