首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Central bank independence has to do with monetary policy’s effects in the shot run and the long run. In the short run, an "【21】"
Central bank independence has to do with monetary policy’s effects in the shot run and the long run. In the short run, an "【21】"
admin
2011-03-05
26
问题
Central bank independence has to do with monetary policy’s effects in the shot run and the long run. In the short run, an "【21】" monetary policy can stimulate the economy to grow faster and to lower the【22】rate. In the long run, output and unemployment depend on real factors such as population growth and improvements in technology, and【23】.
One way to insulate monetary policy from day-to-day political【24】is to give the central bank greater independence. In this respect, the Federal Reserve or Fed ranks toward the top among the world’s central banks.
First, the Governors on the Board are appointed to【25】year terms. They are nominated by the U.S. President and confirmed by the【26】.
Second, the Reserve Bank Presidents are selected by our Reserve Bank’s Board of Directors and approved by the Board of Governors. This provides further insulation from【27】politics.
Third, the Fed covers its own operating expenses, so it isn’t dependent on Congressional【28】. However, Fed is not free of【29】to the government. In fact, the phrase usually used to describe the Fed is "independent within government. "
There is a way beyond such【30】means to make monetary policy even more independent of political pressure to inflate, because the Congress gives the Fed a clear statement that low inflation is its goal. In fact, a number of other countries recently gave their central banks specific low-inflation goals.
Central bank independence has to do with monetary policy’s effects in the shot run and the long run. In the short run, an "easy" monetary policy can stimulate the economy to grow faster and to lower the unemployment rate. In the long run, output and unemployment depend on real factors such as population growth and improvements in technology, and productivity.
One way to insulate monetary policy from day-to-day political pressures is to give the central bank greater independence. In this respect, the Federal Reserve or Fed ranks toward the top among the world’s central banks.
First, the Governors on the Board are appointed to 14 year terms They are nominated by the U.S. President and confirmed by the Senate.
Second, the Reserve Bank Presidents are selected by our Reserve Bank’s Board of Directors and approved by the Board of Governors. This provides further insulation from partisan politics.
Third, the Fed covers its own operating expenses, so it isn’t dependent on Congressional appropriations. However, Fed is not free of accountability to the government. In fact, the phrase usually used to describe the Fed is "independent within government. "
There is a way beyond such structural means to make monetary policy even more independent of political pressure to inflate, because the Congress gives the Fed a clear statement that low inflation is its goal. In fact, a number of other countries recently gave their central banks specific low-inflation goals.
选项
答案
aecountability
解析
accountability责任,义务。
转载请注明原文地址:https://kaotiyun.com/show/06yK777K
本试题收录于:
A类竞赛(研究生)题库大学生英语竞赛(NECCS)分类
0
A类竞赛(研究生)
大学生英语竞赛(NECCS)
相关试题推荐
Howdidthemangetthetickettotravelintospace?
Modernsocietyexcelsincynicism.Academicsandpseudo-academiesdelightindeconstructingeventhemostcherishedofchildhood
对企业而言,员工年龄多样化的重要性要远远超过性别或种族的多样化。企业需要记忆,这明显涉及其分工。【T1】年轻人可以负责短期记忆,因为年老者记不住近期的事情;(takechargeof)老年人则可以负责长期记忆,因为年轻人尚未获得这种记忆。不过,如果我们
Thespokesmanadmittedthatthegovernment’sthoughtlesspolicyhadcausedacrisisthat________.
人生总是有灾难。其实大多数人早已练就了对灾难的从容,我们只是还没有学会灾难间隙的快乐。【T1】我们充分意识到远处的灾难,却很少意识到身边的幸福。(beawareof)请从此注意幸福!幸福也需要提醒吗?提醒注意跌倒.....提醒注意路滑……提醒受骗上当
我不知道究竟是什么缘故使得他突然关心起我的健康来。(lieattherootof)
WhatistrueaboutthethreecentralcharactersinReturntoNothing?
旅游是全球经济中一个快速增长的领域。【T1】因而发展中国家正努力从这一产业中获利,以促进海外投资、增加金融储备。(cashinon)联合国一方面承认,该产业的无序发展会造成严重的环境和社会问题,另一方面却坚持认为这些负面影响可以得到控制和减小。最近我在
Malcolm,Mohammed,Lucy,SallyandRobinallhavepets.Malcolm,MohammedandRobineachhaveadog.Malcolmhasacat.Sally
WhenpointGisadded,DEFGisasquare.WhatarethecoordinatesofpointG?
随机试题
(2010年10月)民族联合作为马克思列宁主义解决民族问题的基本原则,其实质是______。
下列选项中属于保健因素的有
法国的第一次等级议会是在:1302年______时召开。()
呕吐物清稀无酸臭味者。多属
患儿,2岁。每天喝秋梨膏,并且每晚含奶头才能入睡。上前牙唇侧和第1乳磨牙颊面和面龋损。此患儿可能的病因是
证券公司应当根据集合资产管理计划的情况,保持必要的现金或到期日在1年以内的政府债券,以备支付客户的分红或退出款项。( )
Whatareyougoingtodoifyouareinaburninghouse?Howwillyouescape?Doyouknowhowtosaveyourself?Pleasereadthef
认为教育目的应当根据个人的本性和个体发展需要来确定的教育理论是()
在价值形成过程中转移生产资料价值的劳动是
在战略数据规划方法中,J•Martin指出其主题数据库与BSP方法中相当的概念是什么?
最新回复
(
0
)