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All of the following are institutional features that make a central bank independent, except when:

a. their actions are not subject to frequent interference or review

b. they are not obligated to buy newly issued government bonds

c. they are swayed by short run political considerations

d. the central bankers are appointed for a longer period of time

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91235349

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