1) The four players in the money supply process include精选.docVIP

Money, Banking, and Financial Markets (Econ 353) Final Examination, spring 2006 May 2, 2006 Name_______________________________________ Univ. Id #______________________ Note: Each multiple-choice question is worth 4 points. Question 10 (bonus) is worth 4 points. Problems 19, 20, and 21 carry 12, 10, and 10 points, respectively. 1) Which of the following statements concerning an independent central bank are true? A) Politicians may prefer an independent central bank, as it can be used as a whipping boy or scapegoat for poor economic performance. B) Politicians in a democratic society may be