17. The reason that the Federal Reserve and monetary policy are INDEPENDENT from President/Congress is related to

	a.	Possible overspending by the Congress creating price stability risks
	b.	Potential inflation igniting actions and excessive spending by the government
	c.	Politician incentive to spend a lot of funds so to be liked by voters
	d.	All of the above

18. Crowding Out Effect for private borrowers may come due to the fact that

	a.	Lenders prefer to lend money to commercial banks
	b.	Lenders prefer to lend money to the US government
	c.	Lenders prefer to lend money to the Federal Reserve
	d.	Lenders prefer to lend money to foreign investors

19. Government Spending is a tool of

	a.	Monetary Policy
	b.	Fiscal Policy
	c.	Interest rate Policy
	d.	Regulation Policy

23.

Commercial banks that go to the discount rate window to borroe funds from the Federal Reserve, may

	a.	not be able to borrow funds from other bank based on the Fed Funds rate
	b.	needs to pay a penalty rate to borrow from the Federal Reserve
	c.	may need that their internal balances and accounts be scrutinized by the Federal Reserve
	d.	All of the above