Social Studies, 07.11.2019 05:31, phantomlizz3233
Advocates of fed independence fear that subjecting the fed to direct presidential or congressional control would: a. impart an inflationary bias to monetary policy. b. force monetary authorities to sacrifice the long-run objective of price stability. c. make the so-called political business cycle less pronounced. d. only a and b are correct. e. all of the above are correct.
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