The Likelihood That the Fed Will Implement a Change That

question 100

Multiple Choice

The likelihood that the Fed will implement a change that will seriously harm the economy is minimized by the fact that:

• A)Only bright, well-intentioned people are appointed to key roles at the Fed
• B)Congress can remove the Chairman of the Fed at any time
• C)The Board of Governors ultimately must answer to the U.S.President since he can replace them
• D)There is decision making by committee

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