Which of the Following Statements Is True of the Fed

question 87

Multiple Choice

Which of the following statements is true of the Fed?

• A)All decisions of the Fed are subject to approval by the President of the United States.
• B)All decisions of the Fed are subject to approval by Congress.
• C)All decisions of the Fed are subject to approval by the Federal Deposit Insurance Corporation.
• D)All decisions of the Fed are subject to approval by the chairperson of the Fed.
• E)All decisions of the Fed are subject to approval by the legislative branches of the government.

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Definitions:

Prediction

The act of making a forecast or estimate about a future event based on current knowledge or information.

Theory

A theory is a well-substantiated explanation of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experiment.

Brain Evolved

The process by which the brain has developed and changed over millions of years through evolutionary pressures.

Years Ago

A non-specific term used to indicate a specific amount of time in the past from the current point.