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By Law, the Federal Reserve Board Is Supposed to Be

Question 48

Multiple Choice

By law, the Federal Reserve Board is supposed to be ________ political pressure, meaning that its decisions ________.


A) dependent on; need approval by the president and Congress
B) dependent on; need approval by the president but not by Congress
C) independent of; need approval by the president but not by Congress
D) independent of; do not need approval by the president or Congress
E) independent of; do not need approval by the president but do need approval by Congress

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