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The Theory of Bureaucratic Behavior When Applied to the Fed

Question 43

Multiple Choice
The theory of bureaucratic behavior when applied to the Fed helps to explain why the Fed

The theory of bureaucratic behavior when applied to the Fed helps to explain why the Fed


A) is supportive of congressional attempts to limit the central bank's autonomy.
B) is secretive about the conduct of future monetary policy.
C) sought less control over banks in the 1980s.
D) is willing to take on powerful groups that may threaten its autonomy.

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