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The Federal Reserve Board

Question 8

Multiple Choice

The Federal Reserve Board


A) was the central policy-making agency in the wake of the 2008 economic downturn seeking to avert a recession in the United States.
B) is a mechanism whereby the country's money supply is controlled by elected officeholders.
C) lacks autonomy because of Congressional control, which has raised concerns about the United States to act as a global leader.
D) has too many ties to the U.S. banking industry, because its leaders are appointed by the heads of major banks.
E) is part of the U.S. Treasury Department.

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