Author Question: Greater central bank independence is positively related to ________. A) a low rate of ... (Read 63 times)

londonang · **on:** Jun 30, 2018

Greater central bank independence is positively related to ________.

A) a low rate of unemployment
B) the length of terms of Governors on the Board of Governors
C) a higher level of GDP
D) the ability to fight inflation

Question 2

One plausible explanation of the U.S. productivity slowdown starting in 1973 is that it was the result of the time needed to adapt to new technology. This explanation would require that

A) workers withdraw from the labor force to learn about the new technology.
B) a large number of new entrants be attracted to the labor force.
C) managers be reluctant to adopt changes.
D) workers time at their jobs be diverted from production to learning the technology.