Which of the Following Appears to Be Evidence Against the Public

question 46

Multiple Choice

Which of the following appears to be evidence against the public interest view of the Fed's motivation?

• A)The conflict with the Treasury over interest rate fixing during World War II
• B)The failure of the Fed to emphasize the goal of price stability
• C)The unwillingness of the Fed to turn over its excess profits to the Treasury
• D)The independence of Fed chairmen from the authority of the President

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