The likelihood that the Fed will implement a change that will seriously harm the economy is minimized by the fact that:
A) only bright, well-intentioned people are appointed to key roles at the Fed.
B) Congress can remove the Chairman of the Fed at any time.
C) the Board of Governors ultimately must answer to the U.S. President since he can replace them.
D) there is decision making by committee.
Correct Answer:
Verified
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