The original Federal Reserve Act of 1913 allowed the secretary of the U.S. Treasury to be a
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The original Federal Reserve Act of 1913 allowed the secretary of the U.S. Treasury to be a member of the Federal Reserve Board, but a later amendment prohibited this. How would allowing the secretary of the U.S. Treasury to be a member affect the conduct of monetary policy?
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Related Book For
Principles Of Macroeconomics
ISBN: 9781453334980
9th Edition
Authors: John B. Taylor, Akila Weerapana
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