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The Federal Reserve Bank has a great deal of control over Fiscal Policy.   Multiple Choice 1-This...

The Federal Reserve Bank has a great deal of control over Fiscal Policy.  

Multiple Choice

  • 1-This is false.

  • 2-This is true.

  • 3-This can't be determined because there are no rules on this.  

  • 4-Congress already has surrended all of their power to the Federal Reserve Bank during the 2008 Financial Crisis.

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Answer #1
  • 1-This is false.

Explanation: Fiscal policy is related to the policy of the Congress on the subjects of government revenue and expenditures. The fiscal policy is conducted by the Congress and not by the Fed.

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