Multiple Choice
Monetary policy is
A) controlled by the president,who appoints the members of the Board of Governors
B) controlled by the president,who appoints the members of the Open Market Committee
C) insulated from politics since the term of only two members of the Board of Governors expire during the tenure of any modern President of the U.S.
D) insulated from politics because the Federal Reserve Board is the bankers' bank
E) controlled by the president
Correct Answer:
Verified
Correct Answer:
Verified
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