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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Principles Of Macroeconomics

ISBN: 9781453334980

9th Edition

Authors: John B. Taylor, Akila Weerapana

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