Describe one benefit and one drawback for each type of central bank design listed below: Design 1 – Central bank policy decisions that are irreversible or central bank policy decisions that can be overturned by the democratically elected government.
Central Bank Design Imagine you are advising the leadership of a new, independent country for the design of their central bank. In 1–2 pages, do the following: Describe one benefit and one drawback for each type of central bank design listed below: Design 1 – Central bank policy decisions that are irreversible or central bank […]