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Suppose the central bank in your country has financial-market stability as its primary goal. Faced with a choice of having monetary policy decisions made by a well-qualified individual with an extremely strong dislike of instability in financial markets or a committee of equally well-qualified people with a wide range of views, which choice would you recommend?

A. Having monetary policy decisions made by a committee of equally well-qualified people with a wide range of views.

B. Having monetary policy decisions made by a well-qualified individual with an extremely strong dislike of financial-market instability.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92724822

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