Part of the controversy about Fed independence include(s)
A)the goal to bring all macroeconomic policy under the direct control of the president.
B)the appropriate role of the Fed in policy making.
C)how to make the Fed more powerful than other central banks.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

While all three options have been discussed in the controversy surrounding Fed independence, the most significant point of disagreement is the appropriate role of the Fed in policy making. There is a consensus that the Fed should be allowed to operate independently, but the extent to which it should be involved in determining macroeconomic policy is a topic of debate. The other two options are not serious alternatives that have been proposed.

Part of the Controversy About Fed Independence Include(s)