1) When Congress passed the Federal ReserveAct of 1913, it gave the Federal Reserve Board afree hand in steering the economy. (2) The President, while charged with appointing the chair and board members, has no direct role to play in the Board’s policy decisions. (3) One of the most obvious conflicts between the Board and the Chief Executive occurred in 1980, while then-President Carter was in the midst of his reelection campaign. (4) Six weeks before Election Day, the Board increased the discount rate, the fee charged for loans to banks and savings institutions. (5) The predictable backlash against the move may well have been the final nail in Carter’s political coffin.

1) In revising the paragraph above, you decide that you want to add the following sentence: “Over the years, the freedom from presidential influence has led to numerous conflicts between the political goals of the White House and the economic goals of the Board.” The best place to insert this sentence is
A) before sentence 1
B) between sentences 1 and 2
C) between setences 2 and 3
D) after sentence 5

  1. 👍
  2. 👎
  3. 👁
  1. Please tell us where YOU think it needs to go, and someone here will be able to comment.


    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Government

    which of the following is an example of the principle of checks and balances? A)President can veto an act of congress. B)Members of congress have the power to raise their own salaries C)Federal courts have the power to hear cases

  2. History

    How did the case McCulloch v. Maryland cement the power of the federal government? The ruling stated the Constitution had established the right of the federal government to coin money in each state. The ruling clarified the

  3. history

    Which of the following describes the principle of checks and balances A. congress must make sure that the national budget is balanced. B. one branch of government can check the power of another branch of government. C. power is

  4. AG

    1. The framers included the supremacy clause in the constitution for the purpose of a. giving the federal government complete authority over all actions of state governments. ******* b. making the individual stte governments more

  1. Can writeteacher pls help social studies.

    Question 1.what was one strength of the articles of confederation? 1.It allowed states to make decisions for themselves. 2.it gave the federal government power to impose taxes.***** 3.It gave congress the authority to overturn

  2. Government

    What are the reserved powers outlined in the tenth amendment? powers that are not delegated to the federal government and therefore granted to the states, as long as they are not prohibited by the Constitution. powers granted to

  3. History

    8.)Andrew Jackson was a supporter of which of the following? A.)Abolition of slavery B.)Limited federal government*** C.)Implied powers of the Supreme Court D.)Preservation of Native American land B? 9.)Which answer best describes

  4. American Government

    Which of the following is an example of the principle of checks and balances? A:Presidents can veto an act of Congress*** B:Members of Congress have power to raise their own salaries. C:Federal courts have the power to hear cases

  1. Government

    The Intolerable Acts led to most directly to which event? A. Stamp Act Congress B. Constitutional Convention C. First Continental Congress D. Second Continental Congress The Framers Included the Supremacy Clause in the

  2. English - help

    I just opened a savings account at the First Federal Bank Main Street Office. First Federal Bank is underlined. Choices: First Federal Banks First Federal Bank's First Federal Banks' I think it is B...?

  3. american government

    what expressed powers show that the framers wished congress to have the power to secure the nation against? 1. raise armies and a navy 2. establish a federal post office 3. levy taxes, duties, and excises 4. regulate interstate

  4. American Government

    Please check my answers 1. Which kind of policy was the troubled asset relief program (TARP)? A. It was a fiscal policy and I could buy the federal government to prevent inflation B. It was a monetary policy enacted by the federal

You can view more similar questions or ask a new question.