Which of the following arguments is NOT made in In Up for Debate: Should the Federal Reserve Be Placed Under the Direct Control of Congress?:
A) The Federal Reserve should be placed under greater congressional control because of the Fed's influence on economic activity.
B) The Federal Reserve should not be placed under greater congressional control because of the Fed's influence on the economy.
C) The person who holds the Board of Governor chair position is accountable to Congress, but the other members of the Board are not and should be.
D) Since monetizing the debt could be politically expedient, it is good to keep congressional control away from the Fed.

Question

Quizplus · Accepted Answer

Option C is incorrect because it suggests a specific accountability structure for the Board of Governors that is not discussed in the context of whether the Federal Reserve should be under direct congressional control. The arguments typically focus on broader issues of economic influence and political expedience, not the specific accountability of individual board members.

Which of the Following Arguments Is NOT Made in In Up