Multiple Choice
The Fed is not completely independent because
A) Congress could rewrite the laws that created the Fed
B) it relies heavily on Congressional appropriations
C) the president sits on the Board of Governors
D) Congress must approve any new monetary policy
E) the president must approve any new monetary policy
Correct Answer:

Verified
Correct Answer:
Verified
Q75: Advocates of the passive approach to government
Q83: Advocates of the passive approach to government
Q84: Exhibit 16-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 16-3
Q87: The Federal Reserve<br>A)is not considered one of
Q89: If an economy is at potential GDP
Q90: In the 1992 presidential campaign,candidate Al Gore
Q112: Suppose the economy had been operating along
Q118: The effectiveness lag for monetary policy is
Q133: Economists of the rational expectations school:<br>A)have no
Q150: The unemployment rate can remain below the