Federal Reserve independence is thought to                                           45) Which of the following have acted to limit the Federal Reserve’s independence?
A. introduce a short-term bias to monetary policymaking.                                 A. The Full Employment and Balanced Growth Act of 1978
B. lead to better fiscal and monetary policy coordination.                               B. House Concurrent Resolution 133
C. introduce longer-run considerations to monetary policymaking.                         C. Both of the above
D. do both (A) and (B) of the above.                                                     D. Neither of the above
Answer:C
Federal Reserve independence is thought to                                           45) Which of the following have acted to limit the Federal Reserve’s independence?
A. introduce a short-term bias to monetary policymaking.                                 A. The Full Employment and Balanced Growth Act of 1978
 B. lead to better fiscal and monetary policy coordination.                               B. House Concurrent Resolution 133
 C. introduce longer-run considerations to monetary policymaking.                         C. Both of the above
 D. do both (A) and (B) of the above.                                                     D. Neither of the above
