(Answered) The federal reserve systemnbspplease respond to the

Economics

"The Federal Reserve System" Please respond to the following:

Choose a position to defend:
- "The U.S. Congress and the President should have enough leverage and power to control the Federal Reserve's actions in both the short and long run."
- "The Federal Reserve should be independent from political pressure in designing and implementing monetary policy."

"Monetary Control" Please respond to the following:

Create an analogy or metaphor that explains how banks create and destroy money - one that would be understood by someone with absolutely no background in economics.

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Macroeconomics, Economics

Category:- Macroeconomics
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