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(Solved): Which of the following is true about central banks and elected politicians in the United States? The ...



Which of the following is true about central banks and elected politicians in the United States? The Federal Reserve System is likely to want to decrease interest rates when it perceives inflation is too high. The central bank tends to prefer a long time horizon, whereas some politicians may tend to focus more on the short term. The crisis of 2007-2009 made Americans more supportive of an independent central bank. In general, true to their word, politicians make no attempt to influence the central bank.

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