The Theory of Bureaucratic Behavior When Applied to the Fed

question 19

Multiple Choice

The theory of bureaucratic behavior when applied to the Fed helps to explain why the Fed

• A)was supportive of congressional attempts to limit the central bank's autonomy.
• B)was so secretive about the conduct of future monetary policy.
• C)sought less control over banks in the 1980s.
• D)was willing to take on powerful groups that may threaten its autonomy.

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