Ask Question
HistoryHistory
16 May, 00:55

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

+5
Answers (1)
  1. 16 May, 00:57
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The federal reserve controls U. S. monetary policy. Why were they given this power by congress? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Based on the summary in the report, describe the relationship between the federal and state governments in responding to a disaster.
Answers (1)
Shays' Rebellion was significant because it A) shifted the balance of power from free states to the slave states. B) demonstrated the opposition of the Anti-Federalists to the Constitution.
Answers (1)
Which of the following ended Russia's involvement in World War I? the sinking of the RMS Lusitania the First Battle of the Marne the Treaty of Brest-Litovsk the introduction of chemical warfare
Answers (1)
In 1821, what was the problem Mexican leaders had with texas? how did they deal with it?
Answers (1)
What contribution did Jonas Salk make to science in the 1950s? He invented DDT, the "miracle" pesticide. He designed the first US satellite. He developed smaller computers. He created a vaccine against polio.
Answers (1)
New Questions in History
What was the main reason Jews migrated to Palestine after World War II? A) Most of them didn't have the funds or the connections to get to the U. S.
Answers (1)
Which of the following is not an example of mixed use development
Answers (1)
Indian national congress• young italy• young turks are all similar in what way
Answers (1)
What actions did Lenin take after seizing power? Check all that apply. He set up his own dictatorship immediately. He led the military in forcing a German surrender. He set up a secret police force that was loyal to the Bolsheviks.
Answers (1)
The document that brought peace following World War I was the: Treaty of Paris Treaty of Versailles League of Nations
Answers (1)
Home » History » The federal reserve controls U. S. monetary policy. Why were they given this power by congress?
Sign Up Forgot Password?