Above each column is a statement about the Federal Reserve. Place each misconception about the Fed listed below in the column with the relevant refuting statement.
1. The Fed is an independent government agency
2. The Fed is overseen by the federal government
3. The Fed conducts monetary policy through open market operations
A. The Federal Reserve lacks nccountability because no one audits the Fed. There is no way to know what really goes on behind the scenes.
B. The Federal Reserve just prints more money when the economy needs it and gives it to link.
C. A government agency should not have so much control over the economy because politicians are always going to do anything to win the next election.

Question

04-01-2021
Business

contestada

Above each column is a statement about the Federal Reserve. Place each misconception about the Fed listed below in the column with the relevant refuting statement.
1. The Fed is an independent government agency
2. The Fed is overseen by the federal government
3. The Fed conducts monetary policy through open market operations
A. The Federal Reserve lacks nccountability because no one audits the Fed. There is no way to know what really goes on behind the scenes.
B. The Federal Reserve just prints more money when the economy needs it and gives it to link.
C. A government agency should not have so much control over the economy because politicians are always going to do anything to win the next election.

Respuesta :

Otras preguntas

Capabilities which you have learned and developed are known as: A-skills. B-innate gifts. C-diverse factors. D faulty errors in judgment.

HELLLPPPP PLEASSSSEE

The conserved residues in the hemoglobins and myoglobins include the ________ proximal and distal to the heme iron.

I need a fast help please

g Although the Humid Continental and Marine climates are at similar latitudes, they have very different annual temperature ranges. What factor is responsible th

we reached pride theatre so early that we could not buy our tickets because the booking office was closed.(re-write using.... early to buy....)

Lancashire Railway Company (LRC) has two divisions, L and H. Division L is the company’s low-risk division and would have a weighted average cost of capital of

How do the magnitude and direction of the electric field on the left side of the dipole compare to the right side for the same distance

Suppose the sales (1000s of $) of a fast food restaurant are a linear function of the number of competing outlets within a 5 mile radius and the population (100

evaluate f(3) if (x) = -4x+5

Parrain Parrain · Answer 1 · 2021-01-05T01:18:40+01:00

Answer:

1. The Fed is an independent government agency ⇒ C. A government agency should not have so much control over the economy because politicians are always going to do anything to win the next election.

The Fed is an independent government agency that pursues the best economic policy for the nation independent of what politicians want.

2. The Fed is overseen by the federal government ⇒ A. The Federal Reserve lacks accountability because no one audits the Fed. There is no way to know what really goes on behind the scenes.

The Federal government however, gets to oversee the Fed to ensure accountability and best practices.

3. The Fed conducts monetary policy through open market operations ⇒ B. The Federal Reserve just prints more money when the economy needs it and gives it to link.

The Fed does not only oversee the printing of money by the Treasury, they also conduct monetary policy through the use of OMO by buying securities when they want money supply to increase and selling when they want a decrease.