Question

The federal reserve is designed to A. make tax policy. B. recommend spending programs to Congress....

The federal reserve is designed to

A. make tax policy.

B. recommend spending programs to Congress.

C. operate independently from political and government pressure.

D. maintain high employment rates.

E. maintain high inflation.

Homework Answers

Answer #1

The answer is - Maintain high employment rates

Explanation ;-

Federal reserve system is the central banking system of United States also known as Fed, it was created after a series of financial panics which led to the desire for central control of the monetary system in order to alleviate financial crisis.

the united states congress established three key objectives for monetary policy:-

  1. maximizing employment
  2. stabilizing prices,
  3. moderating long-term interest rates
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