The Fed Does Not Have to Go Through the Normal

question 77

Multiple Choice

The Fed does not have to go through the normal congressional appropriations process because

• A)its expenses are very small.
• B)it was given enough funds at the time of its founding to provide for its expenses indefinitely.
• C)it is self financing.
• D)it is not part of the legislative branch of the federal government.

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Definitions:

Personal Life

The aspects of an individual’s existence that pertain to their private, personal relationships, interests, and activities outside of their professional responsibilities.

Evening Hours

The period of the day typically considered to start from the late afternoon and extending through the evening, often outside standard business operating hours.

Location Difficulties

Challenges associated with the geographical positioning of a business that could impact its success or operations.

Economic Condition

The state of an economy at a given time, including factors like inflation, unemployment, and growth rates.