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Maria Is a Member of the Senate and Is on the Joint

Question 74

Multiple Choice

Maria is a member of the Senate and is on the Joint Economic Committee, which carefully monitors the actions taken by the Federal Reserve Board. Part of Maria's responsibilities on this committee is to ask questions about the policies and decisions the Fed has made and examine how those decisions have impacted the economy. In broader terms, what is Maria's responsibility on the Joint Economic Committee?


A) to conduct congressional oversight into the Federal Reserve Board
B) to investigate corruption within the Federal Reserve
C) to work with the Federal Reserve to set monetary policy for the nation
D) to decide when the interest rates must be increased or lowered

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