Question
If Congress were to decide to strip the Fed of its monetary policy independence and Congress would now take over the legislation of interest rate
If Congress were to decide to strip the Fed of its monetary policy independence and Congress would now take over the legislation of interest rate changes, how would policy choices be likely to change? Would this arrangement provide more price stability? Why or why not?
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
