This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.
1. Two reasons opposing the fed independent and two reasons supporting the fed independent and your own argument.
The Federal Reserve is one of the most important institutions in the US since it controls the monetary policies. As Thoma (2009) has stated, there are proposals which state that the monetary policies of Fed should be fully audited by the Government Accountability Office (GAO) and it should not be allowed to work as an independent body. Various people have forwarded their opinion on the topic.
The supporters of the policy have stated that the independence of Fed has caused the financial crisis. A. S. (2010) has stated that the first reason is that the loose monetary policies have been labeled as the main reason for the financial crisis....
This is only a preview of the solution. Please use the purchase button to see the entire solution