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Giving the Fed a High Degree of Independence Means All

Question 93

Multiple Choice

Giving the Fed a high degree of independence means all but:


A) the Fed governors will not be as tempted by political pressure.
B) it is less likely to expand the money supply simply to make it cheaper for the government to repay its debt.
C) technocrats-rather than politicians-are in charge, which tends to increase people's trust in the stability of the dollar.
D) The federal government will not have to borrow to finance its budget deficit.

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