Members of Congress Are Able to Influence Monetary Policy,albeit Indirectly,through

question 3

Multiple Choice

Members of Congress are able to influence monetary policy,albeit indirectly,through their ability to

• A)withhold appropriations from the Board of Governors.
• B)withhold appropriations from the Federal Open Market Committee.
• C)propose legislation that would force the Fed to submit budget requests to Congress,as must other government agencies.
• D)instruct the General Accounting Office to audit the foreign exchange market functions of the Federal Reserve.

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Definitions:

Franklin D Roosevelt

The 32nd President of the United States, who served four terms and led the country during the Great Depression and World War II.

Inaugural Speech

A speech given during the inauguration ceremony marking the beginning of a new leader's term of office, setting the tone for their administration.

Experiment Boldly

The encouragement to try new or unconventional methods or ideas with confidence and without fear of failure.

New Deal Policies

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.