Which of the Following Is True of the Fed

Multiple Choice

Which of the following is true of the Fed?

A) The law lets the Fed decide how best to promote full employment and output in the U.S. economy.
B) It relies heavily on Congressional appropriations.
C) The President of the United States sits on the Board of Governors.
D) Congress must approve any new monetary policy.
E) The President of the United States must approve any new monetary policy.