The Federal Reserve was created as an independent organization, not subject to the influ changed somewhat over the past decade, as some recent nominees for the Board of Gove policies in the past.
How might the appointment of members with strong political motivations affect the typ made, or the Federal Reserve altogether?
a) It might result in the complete dismantling of the Federal Reserve as a whole in the
b) It might result in more neutral monetary policy decisions being made as a result of ℎ
c) They may abstain from making monetary policy decisions altogether in an act of poli
d) They may use monetary policy to spur short-run economic growth at the risk of highe