Multiple Choice
Which of these is a provision of the Federal Reserve Act or part of subsequent legislation that contributes to the independence of the Fed?
A) The Fed's actions are subject to executive branch control.
B) Appointments to the Federal Reserve Board are staggered so that one board member's appointment expires every other year.
C) Members of the Federal Reserve Board cannot be reappointed.
D) The Federal Reserve System is subject to congressional oversight.
Correct Answer:
Verified
Correct Answer:
Verified
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Q26: If a bank's assets are $600 million
Q28: If the Fed wants to raise the
Q29: The fractional reserve banking system does not
Q30: In September 2013, the Fed was waiting
Q31: Which of these is a basic goal
Q32: Monetary policy, like fiscal policy, is subject