A Major Point of Debate Surrounding the Federal Reserve's Role

question 56

Multiple Choice

A major point of debate surrounding the Federal Reserve's role in economic policy is

• A)the Fed's political accountability.
• B)whether the president should be able to veto the Fed's decisions.
• C)the issue of competence.
• D)whether Congress should be able to reject the Fed's decisions.
• E)None of these answers is correct.

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Definitions:

Phenomenon

An observable event or fact, especially one that is significant, unusual, or extraordinary.

Message

is a piece of information or communication conveyed from one person to another, either verbally, written, or through another medium.

Source

The person or group communicating a message.

Central Route

A concept in the Elaboration Likelihood Model referring to the path of persuasion that involves careful and thoughtful consideration of the arguments presented.