What Is the Reason for Having the Federal Reserve Administer

question 31

Multiple Choice

What is the reason for having the Federal Reserve administer U.S.monetary policy?

• A) The Federal Reserve is part of the government and carries out monetary policy dictated by the president.
• B) The Federal Reserve is designed to reduce the incentive for politically motivated and unpredictable monetary policy.
• C) The Federal Reserve bases the monetary policy on a poll from top business leaders,which ensures that economic growth is prioritized.
• D) The Federal Reserve is part of the government and carries out the monetary policy dictated by Congress.
• E) The Federal Reserve is an NGO that bases monetary policy on international trade levels and input from global leaders.

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