Which of the following statements is true of the Fed?
A) All decisions of the Fed are subject to approval by the President of the United States.
B) All decisions of the Fed are subject to approval by Congress.
C) All decisions of the Fed are subject to approval by the Federal Deposit Insurance Corporation.
D) All decisions of the Fed are subject to approval by the chairperson of the Fed.
E) All decisions of the Fed are subject to approval by the legislative branches of the government.
Correct Answer:
Verified
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