The Main Argument in Favor of Fed Independence Is That

question 64

Multiple Choice

The main argument in favor of Fed independence is that

• A)interest rates would probably be lower if Congress controlled the Fed; thus hurting savers.
• B)the Constitution requires it.
• C)monetary policy is too important and too technical to be determined in the political arena.
• D)congressional control of the Fed was tried during the 1960s and did not work well.

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Definitions:

Gene Expression

Gene expression is the process by which information from a gene is used to synthesize functional gene products, often proteins, influencing an organism's structure and functions.

DNA Fingerprinting

A technique used to identify individuals by characteristics of their DNA.

DNA Cloning

A laboratory technique used to create multiple identical copies of a piece of DNA.

Transgenic DNA

DNA that has been introduced into an organism from another species, resulting in a transgenic organism with new traits.