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A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with ________ had lower inflation rates than countries with ________. Group of answer choices A. highly independent central banks; central banks that have little independence B. low rates of unemployment; high rates of unemployment C. no private banking system; an independent banking system D. a large government debt; little to no government debt

A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with ________ had lower inflation rates than countries with ________. Group of answer choices A. highly independent central banks; central banks that have little independence B. low rates of unemployment; high rates of unemployment C. no private banking system; an independent banking system D. a large government debt; little to no government debt

Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Money And The Banking System
Section: Chapter Questions
Problem 9CQ
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A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with ________ had lower inflation rates than countries with ________. Group of answer choices A. highly independent central banks; central banks that have little independence B. low rates of unemployment; high rates of unemployment C. no private banking system; an independent banking system D. a large government debt; little to no government debt
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