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All of the Following Are Examples of the Independence of the U.S

Question 2

Multiple Choice

All of the following are examples of the independence of the U.S. Federal Reserve System EXCEPT that:


A) the Federal Reserve Act does not explicitly prohibit legislative interference in monetary policy.
B) Federal Reserve Governors are appointed for 14-year terms.
C) the Federal Reserve controls its own budget.
D) the Federal Reserve is under no obligation to finance the national deficit.

Correct Answer:

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