Congressional control over the Fed is
A) substantial because it can cut off necessary appropriations
B) limited because the Fed is not dependent on Congress for the funds to support its operations
C) substantial because the members of the Board of Governors can be replaced every four years
D) substantial because Congress has created a Super Board to oversee the Fed
E) limited because members of the Fed Board are appointed for life
Correct Answer:
Verified
Q92: If the Fed decreases the required reserve
Q124: The money multiplier will be
A) larger if
Q138: If a bank receives $2,500 of reserves
Q176: The actual money multiplier is smaller than
Q177: Suppose the Fed sells $10 million in
Q179: If the Fed sells a member bank
Q180: The higher the required reserve ratio,
A)the larger
Q182: The Fed's sale of U.S.government securities in
Q183: The Fed's most important monetary policy tool
Q184: The simple money multiplier is equal to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents