Proponents of Fed independence maintain that
A)independence helps ensure low unemployment rates.
B)money is too important to be left to the bankers.
C)independence permits objective decisions not based on politics.
D)only the Federal Reserve knows how to act wisely.

Question

Quizplus · Accepted Answer

Proponents of Fed independence argue that by being independent, the Federal Reserve can make decisions that are not influenced by political pressures, enabling it to undertake objective monetary policy that benefits the economy.

Proponents of Fed Independence Maintain That