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The Fed is relatively well insulated from political influence. One reason for this is that the Fed does not receive appropriations or funds from Congress.
The Fed is relatively well insulated from political influence. One reason for this is that the Fed does not receive appropriations or funds from Congress. Which of the following is a reason the Fed does not depend on Congress for its budget?
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Interest earned on securities acquired in open market transactions
Interest paid to member banks on excess reserves
Fees from servicing discount loans
Funds received from lobbyists
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