Philippines in 1986 showed:
A. The importance of keeping the central bank independent from political pressure.
B. Central bank balance sheets do not always project reality.
C. Transparency is critical if people are going to trust a central bank.
D. All of the above.
Answer:D
Philippines in 1986 showed:
A. The importance of keeping the central bank independent from political pressure. B. Central bank balance sheets do not always project reality. C. Transparency is critical if people are going to trust a central bank. D. All of the above.