With respect to controlling the money supply,the law requires the Fed to take orders froma. the president.b. the Speaker of the House.c. the Secretary of the Treasury.d. no one—the Fed is an independent agency.
With respect to controlling the money supply,the law requires the Fed to take orders froma. the president.b. the Speaker of the House.c. the Secretary of the Treasury.d. no one—the Fed is an independent agency.
Chapter14: Money And The Federal Reserve System
Section: Chapter Questions
Problem 11SQ
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With respect to controlling the money supply, the law requires the Fed to take orders from a. the president. b. the Speaker of the House. c. the Secretary of the Treasury. d. no one—the Fed is an independent agency. |
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