All of the following statements about the Federal Reserve (or Fed) are true EXCEPT:
A) the Fed's primary directive is to keep interest rates low.
B) the Fed's decisions are not subject to presidential review.
C) the Fed's decisions are not subject to congressional review.
D) unlike other presidential appointees, members of the Fed can only be removed
"for cause."
E) the Fed can create its own money.
Correct Answer:
Verified
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