Statement I: the President Basically Makes Monetary Policy

question 290

Multiple Choice

Statement I: The president basically makes monetary policy.
Statement II: The Board of Governors of the Fed serves at the president's pleasure and can be summarily dismissed.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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