What Is the Main Reason the Fed Operates in a Political

question 57

Multiple Choice

What is the main reason the Fed operates in a political arena?

• A)It lacks a constitutional mandate.
• B)The members of the Board of Governors must run for reelection every fourteen years.
• C)The members of the Board of Governors are typically prominent politicians.
• D)It is under the direct control of Congress.

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Definitions:

Theoretical

Based on or using the ideas and abstract principles underlying a subject, rather than its practical aspects.

Medical Animal Research

The use of animals in scientific studies aimed at understanding health and disease processes, as well as testing the safety and efficacy of medical treatments.

External Validity

The degree to which a study's findings can be applied to other contexts and different individuals.

Construct Validity

Construct validity is the extent to which a test measures what it claims to be measuring, reflecting the adequacy of the underlying theoretical model.