The Main Argument Against Fed Independence Is That

question 54

Multiple Choice

The main argument against Fed independence is that

• A)in a democracy elected officials should make public policy.
• B)monetary and fiscal policy would be easier to coordinate if the Fed were not independent.
• C)the Fed has proven irresponsible on many occasions.
• D)congressional control was tried during the 1960s and it worked well.

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Definitions:

Sternberg's Triangular Model

A theory of love suggesting that intimacy, passion, and commitment are the three components that define all human love relationships.

Amygdala

A part of the limbic system that apparently facilitates stereotypical aggressive responses.

Aggressive Reactions

Responses characterized by anger or hostility, often as a result of provocation or frustration.

Commitment

A pledge or promise to do something, often involving dedication to a cause, project, relationship, or goal.