The Laws That Created the Fed Give It Some Specific

question 38

True/False

The laws that created the Fed give it some specific recommendations about what goals it should pursue so it has little discretion in making policy.

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Definitions:

Procedural Justice

The degree to which policies and rules are fairly applied.

Fairly Applied

a principle or rule that is implemented or enforced in an impartial, equitable, and consistent manner across all relevant situations or individuals.

Distributive Justice

The degree to which outcomes are distributed fairly.

Dignity and Respect

Treating individuals with inherent worthiness and consideration, recognizing and valuing their rights, feelings, and perspectives.