Which of the following statements about the Federal Reserve is MOST accurate?
A) It rarely has any contact with Congress or any other representative body.
B) It was created during the Great Depression as part of Franklin Roosevelt's New Deal program.
C) It was created shortly after the ratification of the Constitution.
D) It is one of the few branches of government fully controlled by the people.
E) It is better equipped to respond to inflation than to reverse a recession.
Correct Answer:
Verified
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