What is a major criticism of the Fed?
A) Its policies are designed to maximize GDP rather than to improve the overall quality of life for the public.
B) Its policies undermine the legislative branch's ability to affect budgetary policy.
C) It often acts in ways that are politically popular rather than in ways that are fiscally sound.
D) It is too concerned with keeping interest rates low when it should be more concerned about keeping inflation low.
E) The Fed can make decisions that damage the economy, and voters have little recourse
To hold members of the Fed accountable.
Correct Answer:
Verified
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