Why might Congress benefit from the Fed being self-financed?
A) Self-financing increases Congressional control over the Fed.
B) Self-financing reduces the Fed's exposure to external pressures.
C) Self-financing gives the Fed an incentive to expand the money supply, which ultimately results in Congress having additional funds to spend.
D) Congress does not benefit from the Fed being self-financed; Congress is obliged by the Constitution to allow the Fed to be self-financed.
C
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Choices that are best for the society as a whole are choices in pursuit of
A) self-interest. B) answering the "how" question. C) answering the "for whom" question. D) the social interest. E) incentives.
The price used to sell goods or services between subsidiaries in a company is
A) the tax avoidance price. B) set at the marginal cost of the producing subsidiary. C) determined by the minimum of the average cost curve. D) a transfer price.