The U.S. Congress and the President should have enough leverage and power to control the Federal Reserves
Question:
“The U.S. Congress and the President should have enough leverage and power to control the Federal Reserve’s actions in both the short and long run.”
“The Federal Reserve should be independent from political pressure in designing and implementing monetary policy.”
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (17 reviews)
Computation of the following FED is the central bank of USA responsible for formulating and implemen...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Question Posted:
Students also viewed these Economics questions
-
The Federal Reserve exercises monetary policy by means of a very short-term, overnight nominal interest rate. Explain how changes in this overnight nominal rate influence longer term real interest...
-
In 1913, Congress created 12 Federal Reserve districts spread over the country. a. Why did Congress divide the country into districts? b. Some argue that Fed districts should change. Why might this...
-
In prepared remarks before Congress in mid-2007, Federal Reserve Chairman Ben Bernanke testified: "The principal source of the slowdown in economic growth . has been the substantial correction in the...
-
1) Assume that we want to build an application for special type of exams. The exam includes True/False questions. The number of questions per exam varies from one exam to other. Given below Question...
-
Determine the rainfall excess (i.e., runoff) resulting from the 10-yr, 24-hr rainfall for the watershed in Example 11.8. This amounts to completing steps 1, 2, and 3 of the design process described...
-
Determine whether the function has an inverse function. f(x)=(x+2)2, x-2 Yes, f does have an inverse. O No, f does not have an inverse. If it does, then find the inverse function. (If an answer does...
-
The Student Winner was Ulf Aslak Jensen, for the video "How People Gather: An Interactive Visualization Approach." Watch this video, and answer the following questions: (a) What data are this video...
-
a. Carlys Catering provides meals for parties and special events. In Chapter 2, you wrote an application that prompts the user for the number of guests attending an event, displays the company motto...
-
How do visionary leaders navigate the complexities of organizational dynamics to cultivate a culture of innovation and adaptability ? Explain
-
In another company, every worker received a 5% raise. How does this affect the mean salary? The standard deviation of the salaries?
-
Analyze the structure of the Federal Reserve Banks and Board of Governors, and make at least one recommendation for improvement. Explain your rationale.
-
Create an analogy or metaphor that explains how banks create and destroy money one that would be understood by someone with absolutely no background in economics.
-
Two companies in the same industry have different current ratios. What could be the reasons?
-
Show that the equation of a line passing through \((h, k)\) with slope \(m\) is \[y-k=m(x-h)\] This is called the point-slope form.
-
Describe the process for adding matrices.
-
In Problems 1-5, perform the indicated matrix operations, if possible, where \[\begin{array}{ll}{[\mathrm{A}]=\left[\begin{array}{rr}1 & 0 \\2 & -1\end{array}ight]} &...
-
Describe the substitution method for solving a system of equations.
-
You can rent a car for \(\$ 50 /\) day \(+55 \% /\) mile (option A) or \(\$ 89 /\) day \(+25 otin /\) mile (option B). For how many miles will option A be cheaper than option B?
-
Comment briefly on the usefulness to organisms of feedback control mechanisms in long biosynthetic pathways.
-
A heat engine has a heat input of 3 Ã 104 Btu/h and a thermal efficiency of 40 percent. Calculate the power it will produce, in hp. Source 3 x 10 Btu/h 40% HE Sink
-
Briefly describe the four steps to the Box-Jenkins methodology.
-
Kasten Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded into bowling balls....
-
Ortega Industries Inc. manufactures in separate processes furniture for homes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and...
-
Fiedel Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2010,...
-
Max Warrie, a famous former Australian cricketer had agreed to play at the Sydney Cricket Ground in an exhibition match against a rest of the world team in the coming Australian summer. He was to be...
-
Does a creditor have an obligation to advise a company to obtain legal advice before signing a contract? In this case, a director of a company is saying they did not know what they were signing when...
-
Randal embezzled $6000 of his employer's money and then disappeared. The employer's accountant called at Randal's residence and found out that his wife had a $3500 term deposit. When the accountant...
Study smarter with the SolutionInn App