Which is more independent, the federal reserve or the european central bank? why?
a. the federal reserve systemlong dash-it must be more independent since the european central bank was patterned after it.
b. the federal reserve systemlong dash-its charter can be changed through legislation, making it more independent than the european central bank.
c. the european central banklong dash-its charter cannot be changed through legislation, making it more independent than the federal reserve.
d. because the structures of the federal reserve and the european central bank are similar, it can be argued that the two systems have the same level of independence?
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