Which of the Following Statements About the Structure of the Fed

question 167

Multiple Choice

Which of the following statements about the structure of the Fed is an advantage from the perspective of conducting monetary policy?

• A) The two policymaking bodies of the Fed are deliberately large to allow for different viewpoints and they work very closely with other political institutions.
• B) The two policymaking bodies of the Fed are deliberately large to allow for different viewpoints and they work relatively independently of other political institutions.
• C) The two policymaking bodies of the Fed are small to allow deliberations in private and they work relatively independently of other political institutions.
• D) The two policymaking bodies of the Fed are small to allow members to work closely with other political institutions.

---

Definitions:

Business Ethics

The study and examination of moral and ethical problems that arise in a business environment, guiding the behavior of individuals and organizations.

Codes of Ethics

Written policies or rules that outline expected moral behavior and guide decision-making within an organization.

Sarbanes-Oxley Act

A U.S. federal law established to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, and for other purposes.