Which of the following best describes the Federal Reserve?
A) A partner with the U.S. Congress in determining economic volatility
B) A source of economic decision-making power in the U.S. government largely independent of the three branches of government
C) A division of the Office of Management and Budget
D) A resource for college loans and home loans
E) A diplomatic arm of the U.S. government that focuses on the foreign exchange market
Correct Answer:
Verified
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