Having the Federal Reserve and monetary policy removed from the political process:
A) causes monetary policy to be implemented very slowly.
B) is viewed as an advantage by some and a disadvantage by others.
C) leads to crowding out as special interest groups compete with each other for Fed support.
D) all of the above.

Question

Quizplus · Accepted Answer

Having the Federal Reserve and monetary policy removed from the political process is seen as both an advantage and a disadvantage. This separation can help in making unbiased, long-term economic decisions, but it can also lead to concerns about accountability and responsiveness to immediate economic issues.

Having the Federal Reserve and Monetary Policy Removed from the Political