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Do you think the current policy of maintaining irreversible policy decisions is consistent with the principles of good central bank design?

Yes.

No.

Explain your answer. Choose one of the following:

- Irreversible policy decisions promote the independence of central bankers.

- Irreversible policy decisions promote increased accountability.

- The Fed is more transparent due to the irreversibility of its policy decisions.

- Irreversible policy decisions are inconsistent with central bank independence.

Financial Management, Finance

  • Category:- Financial Management
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