Federal Reserve (“the Fed”) governors are not removable EXCEPT for cause in order to ______.
a. obtain a degree of independence for the Fed from economic influence
b. limit Congressional authority in monetary policy creation
c. allow the president to set his or her monetary policy most effectively
d. give foreign lenders a sense of stability in U.S. monetary policy
a. obtain a degree of independence for the Fed from economic influence
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State capitalism refers to the economic model where:
a. the state makes cheap loans to capitalists for entrepreneurial projects b. the state regulates which industries require the greatest amount of capital c. the state owns and operates firms that compete in a global market d. the state owns manufacturing firms to limit the number of imported goods
Which of the following best defines a nation?
A. a sovereign organization with compulsory membership that claims a monopoly on the legitimate use of violence within a territory B. where the state governs, and is governed by, people of one nation C. a group that thinks of itself as a political community D. individuals who share a common culture and religion