The federal reserve controls U.S. monetary policy. Why were they given this power by congress?

Answers

Answer 1
Answer: The main reason why they were given this power by congress is because there needed to be a regulatory agency "independent" from the rest of the government, to ensure that employment remained as high as possible while battling against too much inflation. 

Related Questions

Lack of a clear plan for succession negatively impacted which West African empire? Hutu Mali Ghana Songhai
_______ was one of the most lucrative parts of the music business at the end of the nineteenth century. A. Providing music lessonsB. Selling instrumentsC. Giving concertsD. Writing sheet music
The early Muslims greatly advanced knowledge in _____.
Under the mercantile theory, each nation tried to sell less goods abroad than it imported. a. Trueb. False
Which of the following influences to the Declaration of Independence most closely matches the wording and meaning of the Preamble?A. Virginia Declaration of RightsB. Two Treatises of GovernmentC. Causes and Necessity of Taking Up ArmsD. Essay on the Principles of Morality & Religion.

To participate in international trade, nations have to determine the value of their currency in relation to another nation's currency. Currency markets are known as a. the Fed. b. the World Bank. c. international trade stores. d. foreign exchange markets.

Answers

The type of a currency market where determination of values of currencies occurs is called D. Foreign exchange market.

Who was primarily responsible for the cold war the united states or the soviet union?

Answers

Both were in part responsible because after the the United States showed that they had nuclear weapons, an arms race began between both countries to develop the most and the best nuclear weapons.

On April 17, 1961, __________ was invaded at the Bay of Pigs by 1,400 anti-Castro refugees advised and armed by the U.S. Central Intelligence Agency (CIA), in hopes of sparking an uprising.A. Florida
B .Haiti
C. Cuba
D. Panama

Answers

On April 17, 1961, Cuba was invaded at the Bay of Pigs by 1,400 anti-Castro refugees advised and armed by the U.S. Central Intelligence Agency(CIA), in hopes of sparking an uprising.

I NEED HELP ASAP, THERES A TIME LIMIT

Answers

Answer:

A. 17th amendment.

Explanation:

took the test

Answer: B

Explanation political convention  vote there own choice

Oceans did not exist on Earth 4 billion years ago because the surface of Earth was too ____ for the presence of liquid water.a. cold
b. hot
c. rocky
d. old

Answers

The correct answer is B.

The Bull Moose Party was formed by Theodore Roosevelt in 1912 true or false

Answers

Yes, it is true that the Bull Moose Party was formed by Theodore Roosevelt, since Roosevelt was famously fed up with the political status quo, along with political "gridlock". 

Answer: true

Explanation: I truly hope this helps