The ECB, like the U.S. Federal Reserve, is ______, and unlike the U.S. Federal Reserve, is not ______.
A) independent; a lender of last resort
B) subject to scrutiny by the legislature; able to lend to large corporations
C) dependent on congressional approval for its policies; committed to price stability
D) able to lend to member governments; able to lend directly to banks
Correct Answer:
Verified
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